Listed by Marcus & Millichap - Denver
$1,311,000
Marathon Gas/Fast Stop Fuel + C-Store
Details
Property Type Retail
Sub Type Gas Station, Convenience Store
Square Footage 2,367
Pumps 4
Cap Rate 8%
NOI $104,872
Occupancy 100%
Tenancy Single
Brand/Tenant Marathon
Lease Type Absolute NNN
Lease Term 20
Lease Expiration 01/31/2044
Remaining Term 17.6
Rent Bumps Yes
Lease Options 4 X 5-Year Renewal Options
Year Built 1962
Year Renovated 2024
Acreage 0.980
Investment Type Net Lease
Lease Commencement 01/23/2024
Ground Lease No
Sale Condition N/A
Retail | 8.00% CAP | 2,367 SqFt
Investment highlights
- ONLY 15 MINUTES FROM LOUISIANA STATE UNIVERSITY - Strategically positioned just 8.2 miles from LSU, this property benefits from proximity to one of the largest universities in the region, with over 41,000 students and faculty. LSU generates year-round demand across dining, fuel, and convenience categories, further amplified by heavy game-day and event-driven traffic.
- STRONG TRAFFIC FRONTAGE – GREENWELL SPRINGS RD & U.S. 61 COMBINED 55,100 VPD - The site enjoys excellent visibility and access along Greenwell Springs Road (15,500 VPD) and is less than half a mile from U.S. 61, which sees (39,600 VPD). These key arterial routes connect residential neighborhoods to major employment and retail nodes, ensuring reliable traffic exposure
- DENSE RETAIL CORRIDOR WITH NATIONAL TENANT DRAW - Located less than 2 miles from Walmart (2.8M visits/year), Home Depot (581.8K visits/year), and Lowe’s (387.5K visits/year), the site sits within one of Baton Rouge’s most active retail corridors. The surrounding area is anchored by nationally recognized brands, supporting strong consumer traffic and retail synergy.
Listing Contacts
Listed by Marcus & Millichap - Denver
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$104,872.00
$8,739.33/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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