Dodge Real Estate Corp Executes $60 Million Sale-Leaseback For Off-Market Gas Station Portfolio In TX & LA

The asset involved in this closed transaction is a retail portfolio consisting of 15 gas station properties located across Texas and Louisiana, with a total square footage of 58,646. The sale was executed at a transaction price of $60,000,000, equating to a price per square foot of $1,023. The market areas include Lake Charles, Houston, Seguin, Baytown, Walker, Hooks, Omaha, Port Allen, Denham Springs, and Arabi, New Orleans.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $60,000,000
• Square Footage: 58,646
• Price per Square Foot: $1,023
• Seller's Representative: Johnny Dodge & Dusty Dodge - Dodge Real Estate Corp

As the year 2025 concluded, the closing of this substantial portfolio was noted as the second significant convenience store portfolio transaction in recent months. The deals were managed by Johnny Dodge and Dusty Dodge, representing the seller, under their agency, Dodge Real Estate Corp.