Auto Service - Gas-Conv
Fast Stop + Strip Center
3411 S Carrollton Ave, New Orleans, LA 70125
Listing Price: $7,613,000
Cap Rate
7.25%
Tenant Name
Fast Stop
Years Remaining On Lease
19.7
Gross SF
6,912
Guarantor
Corporate Guarantee
Rentable SF
6,912
Price/Gross SF
$1,101.42
Lease Type
Absolute Net
Rent Per Square Feet
$79.86
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Fast Stop + Strip Center in New Orleans, LA
Exclusively Listed By
Broker of Record
Listing Price: $7,613,000
Cap Rate
7.25%
Tenant Name
Fast Stop
Years Remaining On Lease
19.7
Gross SF
6,912
Guarantor
Corporate Guarantee
Rentable SF
6,912
Price/Gross SF
$1,101.42
Lease Type
Absolute Net
Rent Per Square Feet
$79.86
Investment Highlights
- FUEL/C-STORE + STRIP CENTER
- 20 YRS REMAINING ON ABS NNN SINGLE TENANT MASTER LEASE
- 52 UNIT PERSONAL + CORPORATE GUARANTEE
- 12 PUMPS FOR HIGH-VOLUME FUELING
- 4 MINS FROM DOWNTOWN NEW ORLEANS WITH DIRECT ACCESS VIA 1-10 AND EARHART BLVD
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Fast Stop + Strip Center in New Orleans, LA
Exclusively Listed By
Broker of Record
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