Published on: Thursday, October 17, 2024
Updated on: Thursday, October 17, 2024
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About the Lister
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Name: Minerva Arboleya
Company: RelatedISG Realty
Office Phone:  
Cell Phone: (305) 632-2512
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1 SE 3rd Ave Miami Miami Florida , 33131
1 SE 3rd Ave Miami Miami Florida , 33131  RelatedISG Realty
Listing ID: CL-Florida-25756

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 7.06
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Florida-25756
Status: Accepting Offers
Occupancy: N/A
Year Build: 1973
Building Size: 3,005.00 SqFt
Lot Size: 3,005.00 Acre
No of Stories: 1
No of Parking: N/A
Is Security Deposit Required: No
Lease Type: Gross Lease
Available B2B Options: 0
Offer to Millionaire Club: No
Attached Documents
No documents added yet!
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.
Complete Details
Year Build: 1973
Building Size: 3,005 SqFt.
Total Lot Area: 3,005 Acre
No of Stories: 1
No of Total Units: 1
Occupancy: 0%
Heating and Cooling: Not Specified
Roofing: Not Specified
No of Parking: N/A
Lease Details
Lease Type: Gross Lease
Monthly Rent: $50.00
Availability on: Friday, June 27, 2025
Rental Application Fee: $0.00
Total Cost to Move in: $0.00
Security Deposit Required?: No
Lease Terms

$50 SF / YR

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.
Listing Location
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