10150 I-10 Service Rd - Freestanding FOR SALE


New Orleans, LA 70127- West Lake Forest
$942,857 USD
207-752-4898
10150 I-10 Service Rd, New Orleans, LA for Sale
$942,857 USD
Freestanding - FOR SALE
1/3
null | 7% Cap Rate

10150 I-10 Service Rd
New Orleans, LA 70127
West Lake Forest


HIGHLIGHTS

  • NN Lease to Genuine Parts Company (NAPA) | 5 Years Remaining + 2 (5) Year Options
  • Corporate Guarantee | Tenant Has Already Renewed Twice
  • Only NAPA store in New Orleans, Lousiana
  • Drastically Low Rent
  • Strategically located Right Off Highway I-10
  • Surrounded by Retail/Hospitality/Industrial

OVERVIEW

Broker of Record Donnie Jarreau License # License # BROK.995704351-CORP, BROK.32688-ACT (LA) Jarreau Real Estate 16161 Perkins Road, Baton Rouge, LA 70810 (866) 889-0550

FOR SALE DETAILS

PRICE

$942,857 USD

PRICE/SF

$92 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Napa Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

C

APN/PARCEL ID

3-9W-0-163-75

ASK ABOUT THIS PROPERTY

Kevin McKennaMatthews Real Estate Investment ServicesMore Info
207-752-4898

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Kevin McKennaMatthews Real Estate Investment ServicesMore Info
207-752-4898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.