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4200 Williams Blvd 5,480 SF Retail Building Kenner, LA 70065 $1,500,000 ($273.72/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guarantee (NASDAQ: "MNRO")
- New Orleans MSA Growth Corridor
- Recession-Resistant Tenant
- Strategic Retail Location
- Community Staple
- Strong Demographics
EXECUTIVE SUMMARY
Tire Choice - Corporate Guarantee (NASDAQ: "MNRO") | Recession-Resistant Tenant
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,480 SF
Building Class
C
Year Built
2019
Price
$1,500,000
Price Per SF
$273.72
Cap Rate
8%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.44 AC
Zoning
C-2 - Commercial
Parking
12 Spaces (2.19 Spaces per 1,000 SF Leased)
Frontage
47’ on Williams Blvd
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Williams Blvd | 43rd St, N | 21,760 | 2022 | 0.07 mi |
| 37th St | Williams Blvd, E | 21,778 | 2022 | 0.65 mi |
| Power Blvd | 39th St, N | 24,524 | 2022 | 0.79 mi |
| W Esplanade Ave | Roosevelt Blvd, SE | 27,278 | 2022 | 0.98 mi |
| W Esplanade Ave | Rue Chardonnay, NW | 25,345 | 2022 | 1.04 mi |
| Williams Blvd | 34th St, N | 43,175 | 2022 | 1.10 mi |
| LA0049 | Williams Blvd, NE | 33,385 | 2022 | 1.37 mi |
| Power Blvd | Hastings St, NE | 39,023 | 2022 | 1.54 mi |
| I-0010 | Williams Blvd, W | 10,797 | 2020 | 1.65 mi |
| North Hearne Avenue | N Hearne Ave, S | 15,726 | 2022 | 1.66 mi |
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0920009023 | Improvements Assessment | $36,540 |
| Land Assessment | $55,780 | Total Assessment | $92,320 |
PROPERTY TAXES
Parcel Number
0920009023
Land Assessment
$55,780
Improvements Assessment
$36,540
Total Assessment
$92,320
MAP
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