Log In/Sign Up
Your email has been sent.
NAPA Auto Parts 10150 I-10 Service Rd 10,000 SF Retail Building New Orleans, LA 70127 $1,364,239 CAD ($136.42 CAD/SF) 6.61% Cap Rate
Investment Highlights
- NN Lease to Genuine Parts Company (NAPA) | 5 Years Remaining + 2 (5) Year Options
- Only NAPA store in New Orleans, Lousiana
- Strategically located Right Off Highway I-10
- Corporate Guarantee | Tenant Has Already Renewed Twice
- Drastically Low Rent
- Surrounded by Retail/Hospitality/Industrial
Executive Summary
100% leased retail investment opportunity.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
C
Year Built/Renovated
1978/2014
Price
$1,364,239 CAD
Price Per SF
$136.42 CAD
Cap Rate
6.61%
NOI
$90,118 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.92 AC
Zoning
C - Commercial
Parking
12 Spaces (1.2 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Freeway Visibility
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3-9W-0-163-75 | Improvements Assessment | $141,658 CAD |
| Land Assessment | $33,088 CAD | Total Assessment | $174,746 CAD |
Property Taxes
Parcel Number
3-9W-0-163-75
Land Assessment
$33,088 CAD
Improvements Assessment
$141,658 CAD
Total Assessment
$174,746 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
NAPA Auto Parts | 10150 I-10 Service Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.