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Auto Service - Gas-Conv

Chevron Gas Station

820 N Beglis Pkwy, Sulphur, LA 70663

Listing Price: $1,800,000

Cap Rate
7.50%
Tenant Name
Chevron
Gross SF
65,340
Guarantor
No Guarantee
Rentable SF
3,200
Price/Gross SF
$27.55
Lease Type
Full Service Gross with Expense Stops

Investment Overview

Marcus & Millichap is pleased to present a unique opportunity to acquire the combined Real Estate and Business Operations of the Chevron Gas Station, located at 820 North Beglis Parkway in Sulphur, Louisiana. Built in 2019, the property is on 1.50 acres of land, spanning 3,200 square feet of real estate. The owner/user model presents an outstanding investment opportunity for this property.

Investment Highlights

  • Situated along the route from Houston to Lake Charles, a popular path for travelers, the station attracts a steady stream of potential customers. This is shown through the high traffic count.
  • Priced at $2,000,000, this gas station is priced under replacement cost. The cost to develop a similar station would be $2,307,708, which shows the cost efficiency of this acquisition.
  • The station features a completed buildout for a bar and game room that occupies 1,500 square feet as part of its premises, which would be included in the sale, offering investors additional revenue

Exclusively Listed By

Financing By

Auto Service - Gas-Conv

Chevron Gas Station

Listing Price: $1,800,000

Cap Rate
7.50%
Tenant Name
Chevron
Gross SF
65,340
Guarantor
No Guarantee
Rentable SF
3,200
Price/Gross SF
$27.55
Lease Type
Full Service Gross with Expense Stops

Investment Highlights

  • Situated along the route from Houston to Lake Charles, a popular path for travelers, the station attracts a steady stream of potential customers. This is shown through the high traffic count.
  • Priced at $2,000,000, this gas station is priced under replacement cost. The cost to develop a similar station would be $2,307,708, which shows the cost efficiency of this acquisition.
  • The station features a completed buildout for a bar and game room that occupies 1,500 square feet as part of its premises, which would be included in the sale, offering investors additional revenue

Investment Overview

Marcus & Millichap is pleased to present a unique opportunity to acquire the combined Real Estate and Business Operations of the Chevron Gas Station, located at 820 North Beglis Parkway in Sulphur, Louisiana. Built in 2019, the property is on 1.50 acres of land, spanning 3,200 square feet of real estate. The owner/user model presents an outstanding investment opportunity for this property.

Exclusively Listed By

Financing By

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