Listing Summary
We are pleased to present an exceptional investment opportunity with a well-established, fully leased property in the heart of New Orleans, Louisiana.
Full Description
Lee & Associates is pleased to present a premier single-tenant net lease (STNL) investment opportunity in the heart of New Orleans, Louisiana. This high-quality asset features an investment-grade credit tenant and a long-term lease, offering a secure, recession-resilient addition to any commercial real estate portfolio.
Investment Highlights
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Passive Income & Zero Management: Secured by an Absolute NNN Lease, providing a truly "hands-off" investment where the tenant is responsible for 100% of taxes, insurance, and maintenance.
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Strong Corporate Credit: The lease is backed by an investment-grade tenant, ensuring long-term rental stability and high recovery value.
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Extended Lease Term: With 9.7 years of firm term remaining, this property offers a predictable and reliable long-term cash flow.
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Ideal 1031 Exchange Asset: A low-risk, high-credit property perfectly suited for investors seeking a secure tax-deferred exchange in a top-tier Louisiana market.
Strategic Location & New Orleans Market Drivers
Positioned in one of the most dynamic and "high-barrier-to-entry" cities in the U.S., the property benefits from:
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High-Traffic Urban Corridor: Located in a dense commercial zone of New Orleans, benefiting from exceptional visibility and strong daily vehicle counts.
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Robust Local Demand: Situated near key commercial hubs and established residential neighborhoods, ensuring the tenant’s long-term operational success.
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Economic Resilience: New Orleans remains a critical hub for trade, tourism, and healthcare, driving consistent property appreciation and tenant durability.
Asset Summary
For investors searching for commercial real estate in New Orleans, this property represents a "bond-wrap" investment. It combines the security of a long-term lease with the tax benefits of fee-simple ownership and a high-quality credit profile.
Quick Glance
- Listing ID:
CL-Louisiana-13629
- Status:
Active
- Year Build:
2008
- Building Size:
2 SqFt
- Lot Size:
N/A