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Burger King 206 E 1st St 3,250 SF Retail Building Thibodaux, LA 70301 $3,000,000 ($923.08/SF) 6% Cap Rate

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EXECUTIVE SUMMARY

Prime Location in Thibodaux, LA / One Block from Canal Blvd. and right down the street from Nicholls University / This location is one of the highest producing Burger King's in the country / Recent complete renovation with the addition of a second drive up lane / New long term lease in place with a large established operator / Owner, Agent
MOTIVATED SELLER / BRING ALL OFFERS

ATTACHMENTS

Burger King Lease Agreement 12.11.24
Burger King Appraisal Report 5.17.25
Burger King Gross Sales 1st six months of 2025
Burger King Gross Sales 2024

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,250 SF
Building Class
B
Year Built
2022
Price
$3,000,000
Price Per SF
$923.08
Cap Rate
6%
NOI
$180,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.81 AC
Parking
36 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
167’ on East 1st Street

AMENITIES

  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • GPS Hospitality
  • Accommodation and Food Services
  • -
  • -
  • Triple Net
  • Dec 2040
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
GPS Hospitality Accommodation and Food Services - - Triple Net Dec 2040
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Anytime Fitness
PJ's Coffee of New Orleans
Rouses Markets
Hancock Whitney Bank
b1Bank
Capital One
Huddle House
Five Guys
Grand Rental Station
Western Sizzlin

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0020475300
Land Assessment
$4,000
Improvements Assessment
$39,600
Total Assessment
$43,600
  • Listing ID: 35880319

  • Date on Market: 5/15/2025

  • Last Updated:

  • Address: 206 E 1st St, Thibodaux, LA 70301

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