#1 Burger King in LA | 14 Yr | $3.3MM Sales - 206 E 1st St

Thibodaux, LA 70301

• NNN Property
• Retail for Sale
• $3,751,060 CAD
• 2,789 SF

Thibodaux Retail for Sale

SRS National Net Lease is pleased to present the exclusive opportunity to acquire the fee simple interest in a single-tenant, absolute NNN Burger King located at 206 E. 1st Street in Thibodaux, Louisiana. The property is leased to GPS Hospitality Partners IV, LLC, one of the largest Burger King franchisees in the United States with more than 475 locations. The tenant recently executed a 15-year lease commencing January 1, 2025, featuring 10% rental increases every five years and four (4) five-year renewal options. The absolute NNN lease structure offers zero landlord responsibilities, making this a passive, management-free investment opportunity.

Contact:

SRS National Net Lease

Property Subtype:

Fast Food

Date on Market:

2026-03-16

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Popeyes - 700 N Canal Blvd

Thibodaux, LA 70301

• NNN Property
• Retail for Sale
• $4,135,390 CAD
• 2,599 SF

Thibodaux Retail for Sale

Surmount is pleased to present the exclusive listing for a Popeyes located at 700 N Canal Blvd, Thibodaux, LA 70301. The site consists of roughly 2,599 rentable square feet of building space on an estimated 1.33-acre parcel of land. This Popeyes is subject to a 25-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $184,892 and has scheduled increases of 1.75% annually.

Contact:

Surmount

Property Subtype:

Fast Food

Date on Market:

2025-10-15

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709 W Tunnel Blvd

Houma, LA 70360

• NNN Property
• Retail for Sale
• $2,638,027 CAD
• 2,531 SF

Houma Retail for Sale

Surmount is pleased to present the exclusive listing for a Popeyes located at 599 W Tunnel Blvd, Houma, LA 70360. The site consists of roughly 2,531 rentable square feet of building space on an estimated 0.69-acre parcel of land. This Popeyes is subject to a 25-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $115,534 and has scheduled increases of 1.75% annually.

Contact:

Surmount

Property Subtype:

Fast Food

Date on Market:

2025-10-15

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1051 Highway 55

Montegut, LA 70377

• NNN Property
• Retail for Sale
• $2,193,370 CAD
• 9,100 SF

Montegut Retail for Sale

High Foot Traffic Location - This location is ranked in the 83rd percentile for Dollar General’s Nationwide for foot traffic Newer Construction - This site was built in 2024 Long Term Lease - 9+ Years Remaining Absolute NNN Lease - No Landlord Responsibilities Investment Grade Tenant - Corporate Guarantee (S&P Rating: BBB) Large Parcel - 2.23 Acre parcel Strong Expanding Company - Dollar General secured the 108th spot on the Fortune 500 list and earned a place on Fortune's roster of the World's Most Admired Companies for 2023. Its annual net sales surpassed $37.8 Billion

Contact:

Tri-Oak Consulting Group

Property Subtype:

Freestanding

Date on Market:

2026-04-09

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Super 10 - 310 W Main St

Gramercy, LA 70052

• NNN Property
• Retail for Sale
• $642,530 CAD
• 14,847 SF

Gramercy Retail for Sale - St James Parish

Available for sale, 310 E Main Street offers a stabilized single tenant NNN investment property with strong tenancy history. The tenant, Variety Wholesalers (operating as Roses Express), has hundreds of stores nation wide and has roots at this site since 1989. Additionally, Variety Wholesalers recently announced that they will be purchasing an additional 200-400 former Big Lots stores throughout the nation. The lease was most recently extended for a new 5 year term in 2021, and tenant has no plans of relocating. The property, standing at nearly 15,000 SF, features ample off-street parking, strong street presence along Main Street, new roof c. 2022, and major renovation after Hurricane Ida to modernize and repair the building. The tenant is currently paying $38,500/year + NNN in addition to a percentage rent (which in recent years has been averaged ±$1,200/year). The site is located in Gramercy and provides one of the only shopping outlets in the area. Gramercy is located between New Orleans and Baton Rouge and sits right on the Mighty Mississippi.

Contact:

ben + burka

Property Subtype:

Storefront

Date on Market:

2025-01-17

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