- For Sale $4,850,000
- Property Type Retail
- Property Size 14,165 SF
- Lot Size 0.89 Acre
- Cap Rate % 6.13
- NOI / YR $297,465.00
- Parking Spaces Avail. 54
- Parking Ratio 3.81 / 1,000 SF
- Date Updated May 11, 2026
Description
Occupied by AutoZone
10 Year Lease Term with 4 (5-Year) Option
This specific location is in Metairie, Louisiana, which is a strategically positioned suburb just six miles northwest of downtown New Orleans. The investment is backed by an exceptionally strong corporation guarantee. AutoZone is the largest auto parts retailer in the U.S. and carries an investment-grade credit rating of 'BBB' from S&P. AutoZone demonstrates exceptional financial strength with a massive market capitalization of approximately $67.42 billion and fiscal year 2024 revenues exceeding $18.5 billion.
- Strong National/Investment Grade Tenant
- Ease of Management - Single Tenant Triple Net Lease
- Long Term Lease - 10 Year Primary Term with 4 (5-Year) Lease Options
- Growing Income Stream with Rental Increases
- Metairie, LA - New Orleans MSA
False
Contacts
Kirsten Early
SRSA Commercial Real Estate
Location
Located at 4630 Veterans Blvd, Metairie, LA 70006, this property is part of the Metairie neighborhood and New Orleans market.
Contact Listing Broker
Kirsten Early
SRSA Commercial Real Estate
