Fast Stop Truck Stop
Retail | 8.00% CAP | 4,086 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Fast Stop Truck Stop located at 438 Trumps Rd, Egan, LA 70531. The site consists of roughly 4,086 rentable square feet of building space on an estimated 6.56-acre parcel of land. This Fast Stop Truck Stop is subject to a 20-year Triple Net (NNN) lease, which commenced 12/16/2024. The current annual rent is $563,040 and has scheduled increases of 2.00% annually.
Investment highlights
Absolute Triple Net Lease with No Landlord Responsibilities | Fast Stop is under an absolute triple net lease, which places all expenses on the tenant and eliminates landlord responsibilities—making it highly attractive to investors.
Recently Signed Long-Term 20-Year Lease | Fast Stop is subject to a recently signed long-term 20-year lease expiring 12/31/2044, providing a stable and reliable investment opportunity for any investor.
Attractive 2% Annual Rental Increases | The lease includes 2% annual rent increases during the 20-year base term and each of the four 5-year option periods. This predictable escalation structure supports long-term income growth and provides a hedge against inflation.
Strong Tenant and Corporate Guarantee | The lease is backed by Fast Stop, a fast-growing convenience store and fuel operator founded in 2015. The company currently operates 56 locations across Louisiana and New Mexico and reported gross sales of approximately $95 million in 2024. This strong track record is supported by a corporate lease guarantee from Fast Stop Management.
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