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Convenience Stores with Gas, Truck Stops, Net Lease Investments, and Redevelopment Sites

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soldSite 1, 1833 Old Spanish Trail, Slidell, LA
Site 1, 1833 Old Spanish Trail, Slidell, LAsold×
Site 1, 1833 Old Spanish Trail, Slidell, LA
Property 1 of 19
Property Information
Bid DeadlineAvailable Now
Asking Price$750,000
Reduced Asking Price$700,000
OfferingOperating Convenience Store with Gas and Nonfunctioning Car Wash
TypeFee
CountySaint Tammany
Zip Code70458
Cross StreetsOld Spanish Trail & Joseph
Lot Size24,687 sf
Building Size808 sf
Fuel BrandShell
Fuel Supply Term20 Years
Property Taxes$5,905
Financial Information: Dec '16 - Nov '17
Gasoline Gallons Sold1,056,543
Diesel Gallons Sold85,712
Merchandise Sales (Excludes Lottery/ATM Revenue)$677,139
Property Comments
The convenience store is presently occupied by a Commission Agent of the Seller. The Agent's lease can be terminated by the Seller at any time. The Car wash is not currently functional. The existing car wash equipment is no longer usable and requires replacement before operations can resume.
Property Viewing
Inspection of the gas station may be performed during normal business hours. Inspections shall not interfere with business operations and do not include backrooms, storage areas, or secure areas. UNDER NO CIRCUMSTANCES MAY A BIDDER ASK QUESTIONS OF STORE MANAGERS OR STORE EMPLOYEES. BIDDERS VIOLATING THIS REQUIREMENT MAY BE DISQUALIFIED FROM BIDDING.
Bidding Instructions
In order to make an offer, you must download the Due Diligence Package and return signed copies of the Purchase Documents that are contained therein to dave.shand@nrc.com
Broker Information
Congress Realty, Inc. Lic. #BROK.0912124597-CORP