Single-Tenant NNN Restaurant Investment on Williams Blvd - 7.93% CAP

4221 Williams Blvd, Kenner, LA 70065

Property Information

  • For Sale $499,000
  • Property Type Retail - Restaurant
  • Property Size 2,200 SF
  • Date Updated Aug 13, 2026

Description

-Now for sale, 4221 Williams Blvd offers a freestanding ±2,200 SF single-tenant restaurant occupied by Pepe's Mexican Grill (operating under Pepes Group of Kenner LLC), an established operator with a proven operating history at this location. The property is secured by a brand-new 5-year lease commencing July 1, 2026, and features a NNN lease structure. The tenant is responsible for 100% of taxes, insurance, interior maintenance, and utilities, with no CAM reconciliation required due to the single-tenant configuration. The lease also includes 2% annual rent escalations in Years 4 and 5, providing built-in income growth. The landlord's responsibilities are limited to repairs of the roof, foundation, structure, and exterior walls, only when costs exceed $250 and the repairs are not the result of tenant negligence, resulting in minimal management responsibilities. Zoned C-2 (General Commercial).

Contacts

Location

Located at 4221 Williams Blvd, Kenner, LA 70065, this property is part of the Kenner neighborhood and New Orleans market.

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