Burger King Drive-Thru NNN
For Sale
$2,624,000
206 E 1st Street, Thibodaux, LA 70302
Single-tenant Burger King with a double drive-thru and renovated to recent brand prototype standards under an absolute NNN lease.
Property Size2,789 SF
Days on Market474
Property Features for 206 E 1st Street
General Information
Standard status
Active
Size
2,789 SF
Property subtype
Commercial
Zoning
C1
Site & Location
Traffic Count
30,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
2,789 SF
Year Built
2022
Year Renovated
2022
Stories
1
Tenancy
Single
Listing Agency:
Red Door Realty, Inc.
(504) 650-3116
Listed By:
Vic Palazzo · License #18487
(504) 650-3116
Source:
Nolalivingrealty
Added: May 9, 2025
Changed: Aug 23
Last Checked: Aug 24 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Red Door Realty, Inc.
Investment Insights
Based on property information with market context.
This fee simple Burger King property is leased to a single tenant under an absolute NNN structure. The tenant recently executed a 15-year lease commencing January 1, 2025, with 10% rental increases every five years and four (4) five-year renewal options, designed to be management-free with zero landlord responsibilities.
The building was renovated in 2022 to Burger King’s latest brand prototype standards. The site features a double drive-thru configuration to support high customer throughput.
Located just off a signalized hard corner at E. 1st Street (State Highway 1) and Bayou Road, the property benefits from a combined traffic count of approximately 30,000 vehicles per day. The surrounding retail area includes national retailers such as Walmart, Lowe’s, ALDI, CVS Pharmacy, Rouses Markets, Five Guys, and Wendy’s, with proximity to Nicholls State University and Thibodaux Regional Health System.
The building was renovated in 2022 to Burger King’s latest brand prototype standards. The site features a double drive-thru configuration to support high customer throughput.
Located just off a signalized hard corner at E. 1st Street (State Highway 1) and Bayou Road, the property benefits from a combined traffic count of approximately 30,000 vehicles per day. The surrounding retail area includes national retailers such as Walmart, Lowe’s, ALDI, CVS Pharmacy, Rouses Markets, Five Guys, and Wendy’s, with proximity to Nicholls State University and Thibodaux Regional Health System.
Key Highlights
- Single‑tenant Burger King in Thibodaux, LA, leased on an absolute NNN basis to GPS Hospitality Partners IV, LLC.
- 15‑year lease commenced January 1, 2025, with 10% rental increases every five years and four (4) five‑year renewal options.
- Major renovation completed in 2022 to Burger King’s latest brand prototype standards.
Property Analytics
Property Profile
Current Use
Lease Details
30,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,021
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant Burger King with a double drive-thru and renovated to recent brand prototype standards under an absolute NNN lease.
Where is this nnn property located?
The property is located at 206 E 1st Street Thibodaux, LA.
What is the asking price?
The asking price for this property is $2,624,000.
What are key features of this property?
This property features: Single‑tenant Burger King in Thibodaux, LA, leased on an absolute NNN basis to GPS Hospitality Partners IV, LLC.; 15‑year lease commenced January 1, 2025, with 10% rental increases every five years and four (4) five‑year renewal options.; Major renovation completed in 2022 to Burger King’s latest brand prototype standards.
