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1305 Rees StBreaux Bridge, LA 70517
NNN Shell/Fast Stop Fuel + C-Store
Asset ClassRetail
Deal Size$3.82 M
Cap Rate: 6.75%Lease-Term Remaining: 19.43 YearsSquare Feet: 4,350Access Data Room
SINGLE TENANT NNN INVESTMENT
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Overview

Price: $3,822,000 | Cap Rate: 6.75% | NOI: $258,000

  • Tenant: Fast Stop
  • Year Built: 2025
  • Lease Type: Absolute NNN
  • Rent Increases: 2% Annual
  • Lease Term Remaining: 19.43 Years
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Investment Highlights

BRAND NEW 2024 CONSTRUCTION 19-YEAR ABSOLUTE NNN LEASE

This Shell and Fast Stop Express is a newly built 2024 asset backed by a 19-year absolute NNN lease with 2% annual rent increases, offering a long-term, inflation-hedged investment in an essential service sector.

 

HIGHLY TRAFFICKED RETAIL HUB WITH MAJOR NATIONAL TENANTS

The property is surrounded by a dense cluster of national retailers—including Super 1 Foods (572.3K visits/year), McDonald’s (519.5K), Walgreens (326.3K), and others—driving strong daily traffic and retail synergy. According to Placer.ai, this established cotenancy fuels consistent consumer flow and reinforces the area’s position as a core retail destination.

 

PRIME INTERSTATE VISIBILITY I-10 & REES STREET FRONTAGE

Located directly off Interstate 10 (±46,000 VPD) and Rees Street (±17,000 VPD), the property benefits from excellent access and visibility. It also sees additional exposure from East Mills Avenue (LA-94, ±13,000 VPD), positioning it in the heart of a high-flow traffic node frequented by regional commuters and local residents alike.

 

ESSENTIAL DAILY-NEEDS TENANT WITH GROWING CONVENIENCE FOOTPRINT

Fast Stop Express and Shell serve as high-frequency, essential-use tenants that attract repeat local and transient customers. Their operations align with ongoing trends favoring convenience-based retail supported by fuel, quick-grab items, and car-related services.

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1305 Rees StBreaux Bridge, LA 70517

Sales Team

Drew IsaacSenior Managing Director Investments(303) 328-2048drew.isaac@marcusmillichap.com
Steve GreerBroker of Record

License #: 995710346-ACT

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Listing provided by Revere CRE