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Purchasing a gas station can be a challenging goal to achieve. We have teamed up with Nick and Moe's to launch their first Franchise location in the State of Louisiana. This new location will feature a gas station with 10 pumps, a convenience store, liquor store, and Nick and Moe's Chicken. The project budget is $2,000,000 and we already own the land. The future value is estimated at $10,000,000 with $1,000,000 NOI.
This proposed site map displays 8,000 sq ft of existing retail and .96 acres of raw land that is ready for development of a canopy and 10 fuel pumps.
Located on a hard corner, 75,978 vehicles pass by on the I-10 daily and 29,979 vehicles pass by on University Avenue.
.96 Acres of raw vacant land.
Surrounded by newly renovated apartments and a 120 unit hotel.
The .96 acre land lot is being sold with the adjoining .4 acre lot that has 8,000 square feet of retail.
4,000 sq ft of the retail was a pizza restaurant with kitchen.
4,000 Sq Ft of the retail area is an open banquethall. There are 4 restrooms in the retail area.
The raw land sits in front of the 120 unit Boardwalk Hotel that is under renovation and will reopen May 1, 2024.
There is also a 40 unit apartment to the north that is undergoing renovations set to be completed by August 1, 2024.
11314 Boardwalk Drive, Baton Rouge, Louisiana 70816, United States
Cell: 702-609-6483 Email: amillia@proximitycapital.us
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