Published on: Tuesday, September 3, 2024
Updated on: Tuesday, September 3, 2024
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About the Lister
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Name: Johanna Rodriguez Cuevas
Company: NewGen Advisory
Office Phone: (602) 648-2700
Cell Phone: 805.557.8689
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Financing  Business  Material
  Hampton Inn Slidell
56460 Frank Pichon Rd Slidell Louisiana , 70458
56460 Frank Pichon Rd Slidell Louisiana                                                                                           , 70458  NewGen Advisory
Listing ID: CL-Louisiana-12580

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 7.41
Net Operating Income: $704,349.00
Commission Split (%): 0
Quick Glance
Listing ID: CL-Louisiana-12580
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: N/A
Building Size: N/A SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Attached Documents
No documents added yet!
Listing Summary
This property offers a prime investment with an Absolute NNN Leasehold Interest, requiring zero landlord responsibilities. The tenant, Walgreens (NASDAQ: WBA), covers all taxes, insurance, maintenance, and $140,000 annual ground rent.
Complete Details
Year Build: N/A
Building Size: N/A
No of Stories: N/A
Total Lot Area: N/A Not Specified
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
This property offers a prime investment with an Absolute NNN Leasehold Interest, requiring zero landlord responsibilities. The tenant, Walgreens (NASDAQ: WBA), covers all taxes, insurance, maintenance, and $140,000 annual ground rent. Situated in Casa Grande, Arizona—one of the fastest-growing communities in the state—the property benefits from a thriving local economy with major companies driving a projected job growth of 53.9% over the next decade. It's located across from a top-performing Fry’s Marketplace, which draws over 1.6 million visitors annually. Additionally, about 7,400 new residential units are planned or under construction nearby, enhancing the area's appeal. This combination of a strong corporate tenant, high-growth location, and robust real estate fundamentals makes this property a standout investment opportunity.
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Property Highlights
  • 40 miles of Louis Armstrong New Orleans International Airport.
  • Minimal transfer PIP from Hilton
  • Located on Interstate 10 | 30 miles north of New Orleans
Listing Location
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3899 El Mercado Loop , Sierra Vista Arizona                                                                                              85635
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16986 W Pat Tillman Blvd , Surprise Arizona                                                                                              85387
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104 Osborne Way , Georgetown Kentucky                                                                                             40324
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4167 N FM 1053 , Fort Stockton Texas                                                                                                79735
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Created On: 10/17/2024
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4200 Williams Blvd , Kenner Louisiana                                                                                            70065