- For Sale $1,500,000
- Property Type Retail
- Property Size 7,405 SF
- Date Updated Sep 27, 2026
Description
This single tenant net lease (STNL) investment features Meineke Car Care Center as the in-place tenant, offering investors a passive income asset with minimal landlord responsibilities. The property's layout supports Meineke's service operations, making this a stable, purpose-built hold for investors seeking a proven automotive use in an established corridor. With NNN lease terms in place, this asset appeals to buyers prioritizing stable, low-maintenance returns. Business is not for sale. Please do not contact tenant.
Location Overview
Positioned along Canal St in New Orleans with access to the Canal streetcar and bus lines, this property sits within a dense, high-traffic retail corridor near Costco, Trader Joe's, and Chick-fil-A. The surrounding area also offers convenient access to pharmacies, restaurants, and a nearby library, further supporting steady foot and vehicle traffic through the immediate trade area.
Highlights
- 6 bay doors
- 8 parking spots
- Dedicated turn lane
- Nearby retailers include Rouses, Marshall's, and Petco
- Pylon sign/signage
False
Contacts
SRSA Commercial Real Estate
SRSA Commercial Real Estate
SRSA Commercial Real Estate