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Convenience Store For Sale • 768 SF
| This Deal Features an Absolute Triple Net Lease For 12+ More Years, Placing All Responsibility on the Tenant (Zero Landlord Responsibility) |
| The Lease Incorporates 2% Annual Rent Escalation, Allowing the Landlord to Benefit From the Growth in Property Value |
| The Lease is Guaranteed Corporately By Kings Oil and a Personal Guarantee |
| This Site Has Approximately 200,000 Residents Living Within a 5-Mile Radius & Benefits From a High Traffic Count of Over 35,000 VPD |
| Located Less Than 5-Miles From the French Quarter and Superdome Which Are Major Tourist Attractions in New Orleans |
| C-Store Investments Offer Increased Depreciation Expenses Providing For a Major Tax Incentive (Consult Your CPA) |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Kings Oil | 768 SF | 1/31/2037 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| New Orleans Union Passenger Terminal (City of New Orleans - Amtrak, Crescent - Amtrak, Sunset Limited - Amtrak) | 10 min | - | 6.8 mi |
| Airport | Drive | Walk | Distance |
| Louis Armstrong New Orleans International | 23 min | - | 16.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 20 |
| Type: | Surface |
| Included in Rent: | Yes |
