C-Store, RV Park, Real Estate
Price Reduced - More than $500k Below Appraised Value
included in asking price
included in asking price
Share this business:
Multiple business property includes real estate, c-store, restaurant, RV park and another building under a Lease Agreement.
Benchmark Business Brokers presents property for sale with four revenue centers. This property, buildings and businesses appraised in May, 2017 for $2,820,000.
The buildings were built in 2003 and remodeled in 2016.
This property sits on approximately 4.9 acres on busy Hwy, I-65 North. Traffic count on this highway is estimated to be 160,000+ cars per day.
Property is 1.6 miles North of Century Link Corporate Headquarters. Century Link is the largest private employer in the State of Louisiana. The property is less than 1 mile from Frenchman’s Bend subdivision, a golf course community with approximately 600 high end homes. There are several other neighborhoods surrounding the property with new construction of apartment complexes, office buildings and retail stores.
There is Gross Leasable Area of 21,560 which includes a C-store, Cheerleader and Sports Academy, restaurant (closed in April 2019) and RV park all on the property. The Cheer Academy currently pays monthly rent and has a Lease Agreement in place for 20 years. The C-store has 6 more months left on its Lease with current Lessee willing to negotiate a new Lease for the future. There are six, unbranded, covered, gas pumps and very clean restrooms in the c-store.
There is a RV park on-site with 25 RV spots, currently there are 18 paying rent. The RV park has the potential to double in size by utilizing part of the property that is undeveloped. Improvements can be made to the park to further increase traffic such as installing fountains, enhanced landscaping, create outdoor living areas and provide amenities (grills, outdoor furniture, playgrounds, etc.)
The RV park caters to travelers, construction workers and fisherman. Black Bayou Lake National Wildlife Refuge is 1.2 miles away.
Agent is Licensed by the Louisiana Real Estate Commission.
Agent is sponsored by Coldwell Banker Group One Realty.
2120 Cypress St., West Monroe, LA. 71291. (318) 362-0007
Licensed in Louisiana.
Each office is independently owned and operated.
About the Business
Contact the Seller
- Monroe, Louisiana
- Year Established:
- Real Estate:
- Building Sq. Ft.:
The property and c-store/restaurant can be re-purposed as an Auto body shop, hardware store, liquor store, amusement park, grocery store, motorcycle/ATV dealership or big box restaurant. There are many possibilities.
The restaurant is well-furnished with unique elements, has high ceilings, an outdoor area with stage, bar and 3 private dining rooms. Most or all of the furniture, fixtures and equipment will remain with the sale. Equipment includes but is not limited to; newer point of sale system with printers, large walk-in cooler, Beverage Air 3 door reach-in, hand-sinks, 3 compartment sink with drainboards, complete HVAC, vent hoods with fire suppression, Hoshizaki ice machine, mixer, fryers, broiler, and numerous miscellaneous equipment
About the Sale
- Reason For Selling:
Owner is retiring
- Ad Detail Views: