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Tire Choice - Autoshop

4200 Williams Blvd, Kenner Louisiana, 70065

Listing ID: CL-Louisiana-12467 Commercial Automotive Retail
Published on: Thursday, October 17, 2024 | Updated on: Thursday, October 17, 2024

Listing Summary

This property offers an outstanding investment opportunity backed by a corporate guarantee from Monro Inc. (NASDAQ: MNRO), one of the largest tire and auto service chains in the U.S., providing strong financial security.

Full Description

This property offers an outstanding investment opportunity backed by a corporate guarantee from Monro Inc. (NASDAQ: MNRO), one of the largest tire and auto service chains in the U.S., providing strong financial security. Located just 0.6 miles from the new $100 million Treasure Chest Casino Development and less than 4 miles from New Orleans International Airport, it boasts a prime position in a rapidly growing area. With over 25 years of operation in the community, this recession-resistant tenant ensures consistent demand for automotive services. The surrounding region, including Kenner’s Laketown, is poised for further development, supported by strong demographics in the New Orleans MSA.
Quick Glance
  • Listing ID: CL-Louisiana-12467
  • Status: Active
  • Year Build: N/A
  • Building Size: 5,480 SqFt
  • Lot Size: 5,480.00 Acre

Additional Links

Property Documents

Complete Details

  • Building Size: 5,480 SqFt
  • No of Stories: 1
  • Total Lot Area: 5,480.00 Acre
  • No of Parking: 0
  • No of Total Units: 1
  • Heating and Cooling: 5
  • Building Class: Class A
  • Occupancy: 100

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Pricing Details

  • Acquisition Option Traditional Purchase
  • Cap Rate (%) 7%
  • Commission 0%
  • Monthly Income $0.00
  • Business Included No

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