1031 Gause Blvd W - Freestanding FOR SALE


Slidell, LA 70460- Outlying St Tammany Parish
$1,316,500 USD
404-504-7900
1031 Gause Blvd W, Slidell, LA for Sale
$1,316,500 USD
Freestanding - FOR SALE
1/6
null | 7.25% Cap Rate

1031 Gause Blvd W
Slidell, LA 70460
Outlying St Tammany Parish


HIGHLIGHTS

  • NAPA is a ten minute drive to Fremaux Town Center - a premier 350-acre regional mixed-use development.
  • 6.5 MSF of retail, 1.1 MSF of office, 1.7 MSF of industrial and 1,120 multi-family units within a 3-mile radius.
  • 30 miles northeast of New Orleans.
  • ±2% annual increases throughout the term and continuing in the two, 5-year renewal options.

OVERVIEW

Located approximately 30 miles northeast of New Orleans, NAPA is located with excellent access and visibility along Gause Boulevard West (15,068 VPD), less than one mile west of U.S. Highway 11 (20,404 VPD) ? a historic 1,645-mile scenic highway stretching from New Orleans to the Canadian border. NAPA’s net lease features ±6.1 years of term remaining with ±2% annual increases throughout the term and continuing in the two, 5-year renewal options. NAPA is immediately adjacent to Slidell Seafood and directly across Gause Boulevard from Dat Fiya Food Truck and Acadiana Stor-N-Lock. Other tenants in the vicinity include Honeycomb School and Child Development Center, Gause Paws Pet Resort and Boutique, American Furniture of Slidell, Louisiana Outdoors, Lee’s Hamburgers, Skater’s Paradise and Southern Self Storage. Additionally, the site is less than one mile from a cluster of many national tenants, including Starbucks, Walgreens, Jersey Mike’s Subs, Cici’s Pizza, Popeye’s Louisiana Kitchen, Dollar General, Burger King, Church’s Texas Chicken, Chase Bank, Planet Fitness, Circle K, Papa Johns Pizza, Dairy Queen Grill & Chill, Sonic Drive-In and Subway, to name a few.

FOR SALE DETAILS

PRICE

$1,316,500 USD

PRICE/SF

$110 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NAPA Auto Parts: Slidell, LA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

-

APN/PARCEL ID

110482

ASK ABOUT THIS PROPERTY

Brian PfohlCBREMore Info
404-504-7900

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Brian PfohlCBREMore Info
404-504-7900

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