24630 Highway 1 | Plaquemine, LA 70764
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24630 Highway 1
Plaquemine, LA 70764
192 Unit BK-$1.49B Area Expansion-2% Bumps · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,757 SF
Building Class
B
Year Built/Renovated
1988/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.97 AC
Parking
12 Spaces (4.35 Spaces per 1,000 SF Leased)
Frontage
78 FT on La-1 Hwy
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
About 24630 Highway 1 , Plaquemine, LA 70764
Rapidly growing area! NEW WALGREENS GOING IN ACROSS THE STREET FROM BK! Also, Shintech just announced plans for a $1.49B industrial expansion in Plaquemine. This will bring thousands of jobs to the area. Absolute NNN fee simple Burger King established since 1988. There are 19 years left on the primary lease term. 2% annual rent bumps through the primary term and option periods. There is a very strong 192 unit guarantor on the lease.
PROPERTY TAXES
| Parcel Number | 02-00339275 | Improvements Assessment | $209,010 |
| Land Assessment | $15,600 | Total Assessment | $224,610 |
PROPERTY TAXES
Parcel Number
02-00339275
Land Assessment
$15,600
Improvements Assessment
$209,010
Total Assessment
$224,610
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