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1031 Gause Blvd W
Slidell, LA 70460
NAPA Auto Parts: Slidell, LA · Retail Property For Sale


Investment Highlights
- NAPA is a ten minute drive to Fremaux Town Center - a premier 350-acre regional mixed-use development.
- 30 miles northeast of New Orleans.
- 6.5 MSF of retail, 1.1 MSF of office, 1.7 MSF of industrial and 1,120 multi-family units within a 3-mile radius.
- ±2% annual increases throughout the term and continuing in the two, 5-year renewal options.
Executive Summary
Located approximately 30 miles northeast of New Orleans, NAPA is located with excellent access and visibility along Gause Boulevard West (15,068 VPD), less than one mile west of U.S. Highway 11 (20,404 VPD) ? a historic 1,645-mile scenic highway stretching from New Orleans to the Canadian border. NAPA’s net lease features ±6.1 years of term remaining with ±2% annual increases throughout the term and continuing in the two, 5-year renewal options. NAPA is immediately adjacent to Slidell Seafood and directly across Gause Boulevard from Dat Fiya Food Truck and Acadiana Stor-N-Lock. Other tenants in the vicinity include Honeycomb School and Child Development Center, Gause Paws Pet Resort and Boutique, American Furniture of Slidell, Louisiana Outdoors, Lee’s Hamburgers, Skater’s Paradise and Southern Self Storage. Additionally, the site is less than one mile from a cluster of many national tenants, including Starbucks, Walgreens, Jersey Mike’s Subs, Cici’s Pizza, Popeye’s Louisiana Kitchen, Dollar General, Burger King, Church’s Texas Chicken, Chase Bank, Planet Fitness, Circle K, Papa Johns Pizza, Dairy Queen Grill & Chill, Sonic Drive-In and Subway, to name a few.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,007 SF
Building Class
C
Year Built
2012
Price
$1,802,776 CAD
Price Per SF
$150.14 CAD
Cap Rate
7.25%
NOI
$130,704 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.46 AC
Property Taxes
| Parcel Number | 110482 | Improvements Assessment | $56,317 CAD |
| Land Assessment | $0 CAD | Total Assessment | $56,317 CAD |
Property Taxes
Parcel Number
110482
Land Assessment
$0 CAD
Improvements Assessment
$56,317 CAD
Total Assessment
$56,317 CAD
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