3220 Jefferson Hwy | New Orleans, LA 70121
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- LoopNet Team
3220 Jefferson Hwy
New Orleans, LA 70121
Valero NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 20-YEAR, ABSOLUTE NNN MASTER LEASE WITH 2% ANNUAL RENT INCREASES
- OPERATOR SUPPLIES 210 MILLION GALLONS OF FUEL ANNUALLY
- JUST OFF HIGHWAY
- LEADING 462-UNIT OPERATOR GENERATING OVER $412 MILLION ANNUAL REVENUES AND $47 MILLION ANNUAL EBITDA
- VALERO BRANDED STATIONS WITH ROBUST EBITDAR/RENT COVERAGE
- RAPIDLY-GROWING OPERATOR; ACQUIRED 43 NEW LOCATIONS LAST YEAR AND IN PROCESS OF ACQUIRING 57 NEW SITES
PROPERTY FACTS
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,501 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.07 AC
Zoning
C1
Parking
8 Spaces (5.33 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Dedicated Turn Lane
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $169,170 | |
| Land Assessment | $104,240 | Total Assessment | $273,410 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$104,240
Improvements Assessment
$169,170
Total Assessment
$273,410
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