C-Store | New Orleans, LA
Sands Investment Group is Pleased to Exclusively Offer for Sale the 768 SF C-Store Absolute NNN Asset Located at 5855 Chef Menteur Highway in New Orleans, LA. This Deal Features an Absolute Triple Net Lease For 12+ More Years, Placing All Responsibility on the Tenant (Zero Landlord Responsibility) and Providing the Landlord With a Steady and Dependable Income, Providing For a Secured Investment.
- ABSOLUTE TRIPLE NET (NNN) LEASE STRUCTURE: This Deal Features an Absolute Triple Net Lease For 12+ More Years, Placing All Responsibility on the Tenant (Zero Landlord Responsibility) and Providing the Landlord With a Steady and Dependable Income
- RENTAL INCREASES: The Lease Incorporates 2% Annual Rent Escalation, Allowing the Landlord to Benefit From the Growth in Property Value and Hedge Against Inflation
- GUARANTEE: The Lease is Guaranteed Corporately By Kings Oil and a Personal Guarantee
- STRONG DEMOGRAPHICS: This Site Has Approximately 200,000 Residents Living Within a 5-Mile Radius and Benefits From a High Traffic Count of Over 35,000 Vehicles Per Day
- STRATEGICALLY SITUATED: Located Less Than 5-Miles From the French Quarter and Superdome Which Are Major Tourist Attractions in New Orleans; New Orleans Sees Over 19 Million Visitors Annually
- TAX INCENTIVES: C-Store Investments Offer Increased Depreciation Expenses Providing For a Major Tax Incentive (Consult Your CPA)
- TENANT PROFILE: Kings Oil Is a Well Known C-Store Operator, Who Has Grown to 128+ Locations (in 12 States) By Being a Top Provider of Consistent Service, Fuel, Grocery and Food
In Cooperation With Sands Investment Group Louisiana, LLC – Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman – Lic. LA #BROK.0995700567-ACT
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities