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- LoopNet Team
26145 Highway 23
Port Sulphur, LA 70083
Property For Lease
Highlights
- This is the first Gas Station/Restaurant on the southern end of Plaquemines Parish , The Catching Capital for sport fishing.
PROPERTY FACTS
| Property Type | Retail | Gross Leasable Area | 4,100 SF |
| Property Subtype | Truck Stop | Year Built/Renovated | 1980/2009 |
| Property Type | Retail |
| Property Subtype | Truck Stop |
| Gross Leasable Area | 4,100 SF |
| Year Built/Renovated | 1980/2009 |
About the Property
This lease is for a Restaurant/Gas Station /Video Poker and Convenience Store. It has been operating at the same location since 1981. It is currently closed and the owner wants to lease the entire property for approximately $ 10,000 a month. It needs some work to reopen and the lease fee can vary depending on how much the owner has to contribute. option 1) $7,500 a month NNN lease with owner NOT contributing to reopen. option 2) $10,000 a month NNN lease with owner splitting reopening cost. option 3) $12,000 a month NNN lease with owner covering all reopening cost. option 4) 5% of gross income plus 20% of Video Poker Proceeds, NNN lease ( With this option the owner does NOT contribute to reopening cost) Other options available ,including Owner keeping Gas profits ,Tenant keeping Restaurant profits and splitting Video Poker Proceeds.
