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717 Avenue G
Kentwood, LA 70444
NAPA Auto Parts: Kentwood, LA · Retail Property For Sale
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,156 SF
Building Class
C
Year Built/Renovated
1976/2020
Price
$1,390,732 CAD
Price Per SF
$136.94 CAD
Cap Rate
7.50%
NOI
$104,305 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.46 AC
Property Taxes
| Parcel Numbers | Improvements Assessment | $61,424 CAD | |
| Land Assessment | $7,542 CAD | Total Assessment | $68,967 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$7,542 CAD
Improvements Assessment
$61,424 CAD
Total Assessment
$68,967 CAD
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