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NAPA Auto Parts: Kentwood, LA 717 Avenue G 10,156 SF Retail Building Kentwood, LA 70444 $1,015,600 ($100/SF) 7.50% Cap Rate
Investment Highlights
- Approximately 52 miles northeast of Baton Rouge and 73 miles northwest of New Orleans.
- Hammond, LA MSA
- Tenants in the vicinity include Sonic Drive-In, Popeye’s Louisiana Kitchen, McDonald’s, Shell, Kentwood Family Pharmacy, Hancock Whitney Bank, etc.
- ±2% annual rent increases starting in 2027 and continuing throughout the two, 5-year renewal options.
Executive Summary
Approximately 52 miles northeast of Baton Rouge and 73 miles northwest of New Orleans near the Louisiana and Mississippi border , NAPA is situated with excellent access and visibility along Avenue G (8,877 VPD), just feet from on/off access to Interstate 55 (23,409 VPD). NAPA’s net lease features ±4.1 years of term remaining with ±2% annual rent increases starting in 2027 and continuing throughout the two, 5-year renewal options.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,156 SF
Building Class
C
Year Built/Renovated
1976/2020
Price
$1,015,600
Price Per SF
$100
Cap Rate
7.50%
NOI
$76,170
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.46 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $44,856 | |
| Land Assessment | $5,508 | Total Assessment | $50,364 |
Property Taxes
Parcel Numbers
Land Assessment
$5,508
Improvements Assessment
$44,856
Total Assessment
$50,364
Contacts
-
Brian Pfohl -
Thomas Carr -
Christopher Bosworth -
Leah Lindell -
Abby Kelly -
Kaitlyn Wolf -
Katie Goldberg -
Bryce French -
CBRE
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Photos
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NAPA Auto Parts: Kentwood, LA | 717 Avenue G
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