100% Leased NNN Sam's Club Shadow Center (brand new NNN lease)
Shopping Center
for Sale
Catylist Listing ID: |
30803643 |
Property Subtypes: |
Community Center, Mixed Use, Neighborhood Center, Net Leased, Strip Center, Other
|
Building Size (RSF): |
11,130 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
1 Acre
|
Sale Price: |
$5,750,000 |
Unit Price: |
$516.62 PSF |
Property Use Type: |
Net Leased Investment (NNN), Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
6.1% |
Average Occupancy Rate: |
100 |
Last Updated: |
11/27/2023 |
Overview / Comments
Sam's Club shadowed shopping center with excellent building conditions. Great national tenants (with stable & increasing income): Subway, Little Ceasars, XHale City, Boost Mobile, City Gear. All tenants on NNN leases with tenants responsible for property tax, insurance, CAM. Long term leases with a 15% rental increase for Subway and 12% increase for other tenants. High visibility from I-10 with high VPD. Ajacent to Tarco Bell, McDonald's & minutes to New Orleans International Airport.
Special Sale with discouted price! Limited Time Only!
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Additional Details
Nearest MSA: |
New Orleans-Metairie |
County: |
Jefferson |
Submarket/Township: |
Airport-Metairie-Kenner |
Tax ID/APN: |
0920020259|2 |
Zoning: |
C-2 |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Loyola Drive. |
Highway Access: |
I-10 |
Airports: |
Louis Armstrong New Orleans International Airport |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Property Condition: |
Excellent |
Year Built: |
2014 |
Construction/Siding: |
Brick |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
18,730 |
94,294 |
172,033 |
Median Age: |
34.22 |
39.14 |
39.79 |
Households: |
6,385 |
35,796 |
68,046 |
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