List Search

4630 Veterans Memorial Blvd
Metairie, LA 70006

$5,500,000 USD

Auto Repair For Sale  •  15,681 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 14,165 SF
  • Lot Size 0.88 AC
  • Building Class C
  • Year Built 2024
  • Tenancy Single
  • Zoning R1A
0 Transit Score
80 Walk Score

Highlights

AutoZone: Largest U.S. auto parts retailer (NYSE: AZO) with 7,100+ stores worldwide, $18.5B+ in 2024 revenue, and BBB (S&P) credit rating.
Easy Management & Single-Tenant NNN Lease: Tenant covers all expenses, including maintenance, taxes, and insurance, ideal for passive or 1031 investor
Long-Term Lease: New 10-year AutoZone lease with four 5-year renewal options provides up to 30 years of stable income.
Growing Income Stream: 8% rent increases every 5 years provide rising cash flow, value growth, and an inflation hedge.
Prime Metairie, LA Location: 4th largest city in Louisiana with 133,000+ residents nearby, just 6 miles from downtown New Orleans

Public Transportation

Commuter RailDriveWalkDistance
15 min - 9.6 mi
AirportDriveWalkDistance
Louis Armstrong New Orleans International 11 min - 6.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 80
Type: Surface
Included in Rent: Yes
Jeff Conover 949-412-1616 Faris Lee Investments
Jeff Conover 949-412-1616 Faris Lee Investments