PRIME Retail Ground Lease Investment - 4601 Veterans Memorial Blvd

Metairie, LA 70006

• NNN Property
• Retail for Sale
• $25,394,086 CAD
• 30,000 SF

Metairie Retail for Sale

Introducing the Veterans Ground Lease Portfolio, a prime NNN investment opportunity featuring a four-property retail cluster in Metairie, LA. Strategically located on Veterans Memorial Boulevard, this portfolio boasts proximity to premier traffic drivers like the Clearview Mall, Target, AMC Theatres, and major medical hubs like Ochsner Health. With convenient proximity to I-10, the New Orleans International Airport, and the New Orleans CBD just 15 minutes away, accessibility is unmatched. The dense commercial hub of Metairie carries over 50,000+ vehicles per day along its premier retail corridor. With a total population of 184,367 within a 10-minute drive and a median household income of $72,179, the consumer base for this retail trade area is remarkably strong. The portfolio includes fully leased, zero-landlord-expense properties occupied by investment-grade national brands: Circle K, Walgreens, Carrabba’s Italian Grill, and Taco Bell. Explore the opportunity to acquire the Veterans Ground Lease Portfolio and unlock its full potential as a passive, high-yielding income stream in this bustling area. Contact the broker for further details on pricing and leasing options. There is no buyers broker fee offered on this sale. The 4-property NNN ground lease portfolio is for sale at $18,428,219, generating a total annual NOI of $981,644 (NOI includes 2 excercized options to extend) at a ~5.3% blended cap rate. PLEASE CONTACT AGENT FOR OM FLYER ACCESS PASSWORD!

Contact:

RE/MAX Commercial Brokers, Inc.

Property Subtype:

Service Station

Date on Market:

2026-06-08

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Home Depot - 2625 Veterans Memorial Blvd

Kenner, LA 70062

• NNN Property
• Retail for Sale
• $80,383,334 CAD
• 174,552 SF

Kenner Retail for Sale

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a corporate Home Depot ground lease located at 2625 Veterans Boulevard in Kenner, Louisiana (the “Property”), a suburb of New Orleans. The Property is improved by a free standing 174,522 square foot building on a 12.94-acre parcel. The Home Depot has been at this location since it was constructed and has over 6 years of term remaining with ten (10), 5-year renewal options. The Home Depot lease provides for attractive 5% rent increases at the start of each option period. The Property occupies a strong location at the intersection of Roosevelt Boulevard and Veterans Boulevard, a major commercial and commuter corridor in the market. Home Depot is situated adjacent to Walmart Supercenter and is surrounded by a concentration of national retailers and restaurants that generate significant consumer traffic. The site offers convenient access to Interstate 10, Interstate 310, and U.S. Route 61, providing efficient connectivity to Downtown New Orleans and the broader southern Louisiana region. The Property is three miles from Louis Armstrong New Orleans International Airport and 10 miles west of New Orleans’ Central Business District, further enhancing its accessibility and regional draw.

Contact:

Horvath & Tremblay

Property Subtype:

Freestanding

Date on Market:

2026-05-04

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Popeyes - 1209 W Oak St

Amite, LA 70422

• NNN Property
• Retail for Sale
• $3,947,915 CAD
• 2,250 SF

Amite Retail for Sale

Surmount is pleased to present the exclusive listing for a Popeyes located at 1209 W Oak St, Amite, LA 70422. The site consists of roughly 2,250 rentable square feet of building space on an estimated 0.69-acre parcel of land. This Popeyes is subject to a 25-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $179,060 and has scheduled increases of 1.75% annually.

Contact:

Surmount

Property Subtype:

Fast Food

Date on Market:

2025-10-15

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14274 University Ave

Hammond, LA 70401

• NNN Property
• Retail for Sale
• $2,998,241 CAD
• 2,599 SF

Hammond Retail for Sale

Surmount is pleased to present the exclusive listing for a Popeyes located at 14274 University Ave, Hammond, LA 70401. The site consists of roughly 2,599 rentable square feet of building space on an estimated 0.31-acre parcel of land. This Popeyes is subject to a 25-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $135,987 and has scheduled increases of 1.75% annually.

Contact:

Surmount

Property Subtype:

Fast Food

Date on Market:

2025-10-15

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Long Term NNN Corp. Lease- Prominent Site - Express Oil

Covington, LA 70433

• NNN Property
• Retail for Sale
• $3,217,630 CAD
• 4,732 SF

Covington Retail for Sale - Mandeville/Covington

We are pleased to offer to qualified investors, an opportunity to acquire a corporate guaranteed absolute NNN single tenant net lease investment, occupied by Express Oil Change (guaranteed by Mavis Tire) on a 15 year base term with 5, 5 year options. The subject property is located along the one of the main North/South corridors through Covington, LA just off Interstate 12 and is positioned near major retailers such as Winn-Dixie, CVS, Walgreens, Target, Ross Dress for Less, Kohl’s Mercedes-Benz of Covington and more. This is an excellent opportunity to own a new construction, passive income generating investment on a long term 15-year lease that is corporate guaranteed with zero landlord responsibilities.

Contact:

Colliers

Date on Market:

2021-12-14

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Express Oil Change - 2613 W Thomas St

Hammond, LA 70401

• NNN Property
• Retail for Sale
• $3,052,270 CAD
• 4,732 SF

Hammond Retail for Sale

We are pleased to offer to qualified investors, an opportunity to acquire a corporate guaranteed absolute NNN single tenant net lease investment, occupied by Express Oil Change (guaranteed by Mavis Tire) on a 15 year base term with 5, 5 year options. The subject property is located on Thomas St. (US Hwy 190) in Hammond, LA next to major retailers such as Walmart Supercenter, Hobby Lobby, Winn-Dixie, Ross Dress for Less, Lowe’s, Albertson’s and more. Additionally, the subject property sees over 23,500 VPD and is well positioned to benefit easy access from both right and left turns into the property. This is an excellent opportunity to own a brand new construction, passive income generating investment on a long term 15-year lease that is corporate guaranteed with zero landlord responsibilities.

Contact:

Colliers

Date on Market:

2021-11-02

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Super 10 - 310 W Main St

Gramercy, LA 70052

• NNN Property
• Retail for Sale
• $482,300 CAD
• 14,847 SF

Gramercy Retail for Sale - St James Parish

Available for sale, 310 E Main Street offers a stabilized single tenant NNN investment property with strong tenancy history. The tenant, Variety Wholesalers (operating as Roses Express), has hundreds of stores nation wide and has roots at this site since 1989. Additionally, Variety Wholesalers recently announced that they will be purchasing an additional 200-400 former Big Lots stores throughout the nation. The lease was most recently extended for a new 5 year term in 2021, and tenant has no plans of relocating. The property, standing at nearly 15,000 SF, features ample off-street parking, strong street presence along Main Street, new roof c. 2022, and major renovation after Hurricane Ida to modernize and repair the building. The tenant is currently paying $38,500/year + NNN in addition to a percentage rent (which in recent years has been averaged ±$1,200/year). The site is located in Gramercy and provides one of the only shopping outlets in the area. Gramercy is located between New Orleans and Baton Rouge and sits right on the Mighty Mississippi.

Contact:

ben + burka

Property Subtype:

Storefront

Date on Market:

2025-01-17

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