Convenience Store Investment Absolute NNN Lease Louisiana

Sands Investment Group is Pleased to Exclusively Offer For Sale the Convenience Store Investment Property Located at 5855 Chef Menteur Highway in New Orleans, Louisiana.

• Brand New 17 Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
• 2% Annual Rent Increases With Four 5-Year Options
• Established Operator of Convenience Stores in Louisiana & Texas That Currently Operates 40+ Locations
• Strong Store Performance – 2.30x Rent Coverage
• Excellent Visibility From Chef Menteur Hwy and Downman Road With Multiple Points of Ingress and Egress
• Over 33,300 VPD Travel Along Chef Menteur Hwy
• Signalized Corner Location Located in Dense Trade Area
• Strong Demographics – Over 200,700 Residents Live Within a 5-Mile Radius
• Close Proximity and Access to Major Thoroughfares – I-510, I-10 and U.S. Route 90
• Located Less Than 5-Miles From the French Quarter and Superdome Which are Major Tourist Attractions in New Orleans; More That 19 Million Visitors Travel to New Orleans Annually
• Nearby Tenants Include: Domino’s, Super 8, Rainbow, Wendy’s, Taco Bell, Walmart, Raising Cane’s, Burger King, McDonald’s, Popeyes, Dollar General and More

In Cooperation With Sands Investment Group Louisiana, LLC
Lic. # BROK.0995702111-CORP

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