CITGO

Investment Overview

Rare opportunity to acquire a fully operational ±2,654 SF CITGO convenience store situated on a ±0.52-acre corner lot in Arabi, Louisiana, just minutes from Chalmette and downtown New Orleans. The property boasts ±151.16 feet of road frontage along W Judge Perez Drive, a high-traffic east-west commercial corridor carrying approximately 22,807 vehicles per day through St. Bernard Parish. Improvements include two canopies (±23' x ±78' and ±25' x ±40') covering the fuel island, and the C-1 zoning supports continued commercial use. The offering price of $1,985,000 includes the real estate and FF&E, with inventory sold separately. Current operations generate approximately: $20,000 per month in lottery sales, $7,000-$8,000 annually from the ATM, 25,000 gallons of fuel per month, and $85,000 per month inside. Beyond the existing revenue streams, the property offers meaningful upside for an owner-operator or investor. An on-site deli is already in place, and a former mechanic bay provides turnkey expansion space for an incoming concept. There is also potential to introduce a daiquiri bar with video gaming, subject to applicable approvals — a proven traffic driver in the Louisiana market. The location benefits from dense surrounding rooftops. With its hard-corner visibility, established fuel brand, diversified income potential, and proximity to the greater New Orleans metro, this asset is well-positioned for continued performance and value-add execution. All measurements are approximate/not guaranteed and are to be verified by the Buyer/Purchaser. Zoning, intended use, and all other pertinent info to be verified by the Buyer/Purchaser.