5855 Chef Menteur Hwy | New Orleans, LA 70126
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- LoopNet Team
5855 Chef Menteur Hwy
New Orleans, LA 70126
Convenience Store · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 17 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Established Operator of Convenience Stores in Louisiana & Texas That Currently Operates 40+ Locations
- Excellent Visibility From Chef Menteur Hwy and Downman Road With Multiple Points of Ingress and Egress
- 2% Annual Rent Increases With Four 5-Year Options
- Strong Store Performance – 2.30x Rent Coverage
- Over 33,300 VPD Travel Along Chef Menteur Hwy
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
676 SF
Building Class
C
Year Built/Renovated
1960/2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.52 AC
Zoning
commercial - Commercial
Parking
20 Spaces (26.04 Spaces per 1,000 SF Leased)
ABOUT 5855 CHEF MENTEUR HWY , NEW ORLEANS, LA 70126
In Cooperation With Sands Investment Group Louisiana, LLC Lic. # BROK.0995702111-CORP
PROPERTY TAXES
| Parcel Number | 3-9W-9-214-26 | Improvements Assessment | $216,290 |
| Land Assessment | $11,270 | Total Assessment | $227,560 |
PROPERTY TAXES
Parcel Number
3-9W-9-214-26
Land Assessment
$11,270
Improvements Assessment
$216,290
Total Assessment
$227,560
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