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Published on: Wednesday, January 15, 2025
Updated on: Wednesday, September 24, 2025
About the Lister
User Profile Image
Name: Ryan Bennett
Company: NNN Investment Group
Office Phone: 760-448-2449
Cell Phone: 760-519-0240
Provide Your Service
Financing  Business  Material

  CVS – New Orleans, LA

3621 General De Gaulle Dr. New Orleans Louisiana , 70114
3621 General De Gaulle Dr. New Orleans Louisiana                                                                                           , 70114  NNN Investment Group
Listing ID: CL-Louisiana-13629 Free Standing /Retail

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 8.5
Net Operating Income: $452,988.00
Quick Glance
Listing ID: CL-Louisiana-13629
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2008
Building Size: 2.25 SqFt
Lot Size: N/A
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: Yes
Is Net Lease Investment: Yes
Property On Ground Lease: No
Building Status: Existing
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.
Complete Details
Year Build: 2008
Building Size: 2 SqFt.
No of Stories: 1
Total Lot Area: N/A Acre
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: Yes
Business Price Included?: Yes
Roofing: Not Specified
Occupancy: 0%
Full Description

We are pleased to present an exceptional investment opportunity with a well-established, fully leased property in the heart of New Orleans, Louisiana. This offering includes a prime real estate asset with 9.7 years remaining on the lease and a tenant backed by investment-grade credit, ensuring long-term stability and cash flow. The property is strategically located in a high-traffic area of New Orleans, benefiting from strong local demand and proximity to key commercial and residential areas, ensuring continued success for the tenant. This location is ideal for businesses looking for long-term stability, offering the security of an absolute NNN lease, which places all responsibility for property expenses on the tenant, making this a truly hands-off investment for the owner. With nearly 10 years of lease term remaining, this property provides a secure, reliable income stream backed by a high-quality tenant in a robust and growing market. It represents a unique opportunity for investors seeking a stable, low-risk addition to their portfolio in one of the most dynamic cities in the U.S. For more details on this investment, please contact us directly.

Additional Properties
Property Highlights
  • CVS Health Corp: Investment Grade Credit Tenant (S&P: BBB) | Largest Pharmacy in the US | Revenues of $357.8 Billion | #6 on Fortune 500
  • Over 9.7 Years Remaining on Lease Term | Long-Term Passive Income Stream | Absolute NNN Lease
  • Central Location to Medical Centers | Proximity to Senior Living Facilities | Provides Consistent Customer Base & Drives Profitable Prescription Business
  • Real Estate Advantage | Frontage to General de Gaulle Drive (30,000 CPD) | Affluent Demographics | Minutes to Downtown New Orleans
  • Major Retail/Travel Corridor | Only 4 Miles from US Hwy 90 (60,000+ CPD) | Direct Access to Downtown New Orleans | Dense Retail Trade Area
  • Located in City of New Orleans | Economic Hub for the Gulf Coast Region | Diverse Economy | New Development in Downtown Bismarck
Actual - Cash Flow
Cash Flow Year Gross Income Effective GrossIncome Operating Expenses Net Operating Income Pre Tax Cash Flow Cap Rate
2025
$0.00
$0.00
$0.00
$452,988.00
$0.00
0%
Cash Flow for Current Listings
Listing Location
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1215 N Detroit St , Warsaw Indiana                                                                                              46580
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4418 S Ellsworth Rd , Mesa Arizona                                                                                              85212
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NEC of N Tangerine Rd and N Lon Adams Rd , Marana Arizona                                                                                              85653
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109 S. Perry Lane , Tempe Arizona                                                                                              85281
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3412 Boulder Hwy , Las Vegas Nevada                                                                                               89121
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