914-498-2225
11297 Lake Forest Blvd, New Orleans, LA for Sale
Drug Store - FOR SALE
1/21
null | Request Cap Rate

11297 Lake Forest Blvd
New Orleans, LA 70128
Read Boulevard East


HIGHLIGHTS

  • Benefit from this NN Walgreens location in New Orleans with years remaining on the lease and historical occupancy since 2000.
  • Prominently situated at the intersection with Bullard Avenue, this corner location experiences traffic exceeding 21,000 vehicles per day.
  • Top-performing Walgreens store ranking in the 91st percentile nationwide and 89th percentile in Louisiana with over 477,000 annual visits.
  • Positioned for success near Interstate 10 and Route 47, which connect to downtown in under 15 minutes.
  • Surrounded by a plethora of retailers such as Walmart Supercenter, Subway, Burger King, McDonald’s, and Wendy’s.
  • On-site NN lease allows for minimal landlord responsibilities, creating the ideal, cash-flowing, hands-off investment.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens | Corporate NN | New Orleans

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

76

LAND DETAILS

LAND ACRES

1.9 AC

LAND SF

82,764 SF

ZONING

C1

APN/PARCEL ID

3-9W-0-165-93

ASK ABOUT THIS PROPERTY

Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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

Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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