Cap Rate
7.75%
Tot. SF
2,000
1830 Gerstner Memorial Dr, Lake Charles, LA, 70601
Pinnacle Oil & Gas
$2,188,877
Key Information
Lot Size
0.33 Acres
Year Built
2025 (R)
Term Remaining
± 20 Years
Type
Retail
NOI
$169,638
Highlights
- 20 Year ABS NNN lease with zero landlord responsibilities
- 2% annual rent increases – a strong hedge against inflation
- Extremely attractive 7.75% cap rate for long term stabilized asset
- Strong corporate guaranty (90+ locations with over $108M in annual sales)
- Renovated in 2025 for Pinnacle Oil & Gas
- 5 Mile population in excess of 76,106 residents
- Average household income of $82,686 annually
- Traffic counts of 21,600 vehicles daily on Gerstner Memorial Drive and 150,000 vehicles daily on the nearby I-210
- Tenant is extremely profitable at this location, contact agent for details
- Tenant has committed to a remodel, which includes new signage, paint and façade refresh, flooring, shelving, restroom, and more.
Photos
Location
Agents
J
Josh BishopLicense # 688810 (TX)
S
Scotty LatimerLicense # 790608 (TX)
Broker of Record
Donnie Jarreau
License # BROK.32688-ACT, BROK.995704351-CORP (LA) Jarreau Real Estate16161 Perkins Road, Baton Rouge, LA 70810