3411 S Carrollton Ave - Convenience Store FOR SALE


New Orleans, LA 70118- Gert Town
$7,507,200 USD
203-887-8797
3411 S Carrollton Ave, New Orleans, LA for Sale
$7,507,200 USD
Convenience Store - FOR SALE
1/3
null | 7.5% Cap Rate

3411 S Carrollton Ave
New Orleans, LA 70118
Gert Town


HIGHLIGHTS

  • Absolute Triple Net Lease with No Landlord Responsibilities
  • Flexible Gas, C-Store & Retail Use
  • High Population Density Supporting Daily-Needs Retail
  • Attractive 2% Annual Rental Increases
  • Robust Traffic Counts
  • Proximity to Major Universities Driving Consistent Daily Demographics

OVERVIEW

Surmount is pleased to present the exclusive listing for a Fast Stop Gas Station located at 3411 South Carrollton Avenue, New Orleans, LA 70125. The site consists of roughly 6,912 rentable square feet of building space on an estimated .22-acre parcel of land. Fast Stop Gas Station is subject to a 20.01 year Triple Net (NNN) lease, which commenced 12/19/2025. The current annual rent is $563,040 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$7,507,200 USD

PRICE/SF

$1,086 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fast Stop Gas Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,411 SF

ZONING

HU-MU

APN/PARCEL ID

7-16-4-105-03,7-16-4-105-04,7-16-4-105-05,7-16-4-105-06

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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