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206 E 1st St
Thibodaux, LA 70301
#1 Burger King in LA | 14 Yr | $3.3MM Sales · Retail Property For Sale
Investment Highlights
- Recently Executed 15-Year Lease | 10% Rental Increases | Established National Brand | GPS Hospitality (475+ Locations)
- Signalized Hard Corner | ~30K VPD | Dominant Retail Corridor
- Double Drive-Thru Configuration | Recently Renovated Building
- Attractive Yield with Percentage Rent Upside
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- #1 in Louisiana | Top 3% nationwide | $3.3M+ annual sales
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,789 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.67 AC
Zoning
C-1 - General Commercial
Parking
20 Spaces (7.17 Spaces per 1,000 SF Leased)
Frontage
167’ on East 1st Street
Amenities
- Corner Lot
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 0020475300 | Improvements Assessment | $39,600 |
| Land Assessment | $4,000 | Total Assessment | $43,600 |
Property Taxes
Parcel Number
0020475300
Land Assessment
$4,000
Improvements Assessment
$39,600
Total Assessment
$43,600
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