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Sulphur, LA (Lake Charles MSA) 70665

Sunoco (Corporate) - Checkout C-Store & Gas Station

Property Address

2484 South Cities Service Highway, Sulphur, LA, USA

Offering Summary

  • Price: $2,768,000
  • Lot Size: 1.47 Acres
  • Cap Rate: 5.60%
  • Year Built: 2022
  • Building SF: 4,950
  • Status: Available
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  • 10-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty (NYSE: SUN) - Operating as Checkout Food Stores (and The Taco Company)
  • 12 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • 46,120 Residents within a 5-Mile Radius - Located in the Lake Charles MSA
  • Households and Population Projected to Increase 7% - 8% in a 3-Mile Radius by 2027
  • Located Immediately Off Interstate 10, a Significant Connector Providing Direct Access to Houston and Baton Rouge
  • Dense Retail Corridor Surrounded by National Tenants: Lowe's, McDonald's, Waffle House, and More
  • Average Household Income Exceeds $87,000 within a 5-Mile Radius
  • Excellent Visibility and Accessibility Along South Cities Service Highway (More Than 18,700 Cars per Day)

Broker Information

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