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NAPA Auto Parts: Kentwood, LA 717 Avenue G 10,156 SF Retail Building Kentwood, LA 70444 $1,403,915 CAD ($138.23 CAD/SF) 7.50% Cap Rate

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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.