KFC | New Orleans 3663 General De Gaulle dr 3,400 SF Retail Building New Orleans, LA 70114 $1,356,338 CAD ($398.92 CAD/SF) 7.75% Cap Rate

KFC | Absolute NNN | New Orleans, LA
Silber Investment Properties is excited to bring this KFC property to the market.
Located in the heart of New Orleans' Westbank retail corridor. Priced at $982,000 with a 7.75% cap rate, this absolute NNN investment offers hands-off ownership with zero landlord responsibilities.
The tenant has operated at this location for over 20 years, demonstrating strong site commitment. The lease runs through October 2027 with four 5-year renewal options and 1.5% increases at each option period. Annual rent is $76,121. The guarantee is provided by Blue Victory Holdings, a multi-unit franchisee operating 26 locations.
The 3,400 SF building sits on 0.75 acres with ample parking and a drive-thru along General De Gaulle Drive, one of the area's primary commercial arteries with 57,174 vehicles per day. The property benefits from exceptional retail synergy — Walmart, Sam's Club, Home Depot, Lowe's, Target, Chick-fil-A, and Oakwood Center are all within the immediate trade area. Additional traffic generators include Delgado Community College and US Hwy 90 Business (87,645 VPD) nearby.
An ideal opportunity for a 1031 exchange buyer or passive investor seeking a high-yield NNN asset backed by a proven QSR operator in a densely populated metro market.