convenience store investment

Convenience Store | New Orleans, LA

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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