For Sale
$2,000,000

100 Benton Spur Bossier City, LA 71111

High-return NNN lease, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, single-story convenience store and gas station, built in 2025 and opening February 2025. The property boasts a 20-year absolute NNN lease with a credit-rated, corporate-guaranteed tenant, Murphy USA, a company operating approximately 1,600 locations nationwide. The lease features attractive 8% rent increases every five years, providing significant long-term growth potential. Located at the hard-signalized intersection of Benton Spur and Old Minden Rd in Bossier City, Louisiana (zip code 71111), this 1.48-acre site benefits from exceptional visibility and high traffic counts exceeding 36,400 vehicles daily. The property is situated in a thriving retail corridor with numerous national tenants, including Texas Roadhouse, O'Reilly's, McDonald's, and Whataburger. The strong demographics are highlighted by a 5-mile population of approximately 107,402 residents and an average household income of $71,521. The property's Net Operating Income (NOI) is $115,000, yielding a 5.75% cap rate. The lease includes four, five-year renewal options, further securing the long-term investment value. This is a rare opportunity to acquire a high-performing, low-management retail asset with substantial upside potential. The lease commences February 25, 2025, and expires February 15, 2045.

Highlights

  • Brand new 2025 construction, rent commencing February 2025.
  • 20-year absolute NNN ground lease, zero landlord responsibilities.
  • 8% rent increases every 5 years.
  • Corporately guaranteed lease by S&P BB+ rated tenant.
  • Hard corner location at Benton Spur & Old Minden Rd, exceeding 36,400 VPD.
  • Strong retail location with national tenants including Texas Roadhouse, O'Reilly's, McDonald's, and Whataburger.

Property Details for 100 Benton Spur

Property type
Retail properties, Grocery and convenience stores
Year Built
2025
Buildings
1
Stories
1
Lot Size (sq. ft)
64,469 SF

Location Insight

City
Bossier City
County
Bossier Parish
State
Louisiana
Latitude
32.516872
Longitude
-93.7147543

FAQs

What type of property is this?
Retail property - High-return NNN lease, strong tenant.
Where is the retail property located?
The property is located at 100 Benton Spur Bossier City, LA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Brand new 2025 construction, rent commencing February 2025.; 20-year absolute NNN ground lease, zero landlord responsibilities.; 8% rent increases every 5 years.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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100 Benton Spur
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