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3301 Pontchartrain Dr
Slidell, LA 70458 Outlying St Tammany Parish

$1,526,133 USD

Fast Food For Sale  •  3,300 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,307 SF
  • Lot Size 1.06 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 4.50 %
  • Tenancy Single
  • Zoning C
40 Walk Score

Highlights

Corporate-Guaranteed NNN Ground Lease by McDonald's Corporation (NYSE: MCD) with Zero Landlord Responsibilities
±2 Years Remaining with Four (4) Five-Year Renewal Options Extending Through 2048
Scheduled 10% Rent Increases Every 5 Years
Long-Operating McDonald's Location Since 2008, Demonstrating Nearly 18 Years of Tenant Commitment
Positioned Along Pontchartrain Drive (±13,750 VPD) with Convenient Access to Interstate 10
Located Within the New Orleans MSA (972,261 Residents) with Major Employers Including Ochsner Health, Tulane University, and Entergy

Property Flyers

Cap Rate: 4.50 %

Public Transportation

Commuter RailDriveWalkDistance
3 min - 1.6 mi
AirportDriveWalkDistance
Louis Armstrong New Orleans International 53 min - 42.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 36
Type: Surface
Included in Rent: Yes
Tyler Bindi 408-510-9057 Marcus & Millichap
Tyler Bindi 408-510-9057 Marcus & Millichap