438 Trumps Rd - Convenience Store FOR SALE


Egan, LA 70531
$7,312,208 USD
203-887-8797
438 Trumps Rd, Egan, LA for Sale
$7,312,208 USD
Convenience Store - FOR SALE
1/2
null | 7.7% Cap Rate

438 Trumps Rd
Egan, LA 70531


HIGHLIGHTS

  • Absolute Triple Net Lease with No Landlord Responsibilities
  • Recently Signed Long-Term 20-Year Lease
  • Attractive 2% Annual Rental Increases

OVERVIEW

Surmount is pleased to present the exclusive listing for a Fast Stop Truck Stop located at 438 Trumps Rd, Egan, LA 70531. The site consists of roughly 4,086 rentable square feet of building space on an estimated 6.56-acre parcel of land. This Fast Stop Truck Stop is subject to a 20-year Triple Net (NNN) lease, which commenced 12/16/2024. The current annual rent is $563,040 and has scheduled increases of 2.00% annually.

FOR SALE DETAILS

PRICE

$7,312,208 USD

PRICE/SF

$2,925 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fast Stop

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.56 AC

LAND SF

285,754 SF

ZONING

-

APN/PARCEL ID

0400054180A

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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Anthony D'AmbrosiaSurmountMore Info
203-887-8797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.