- For Sale $2,335,000
- Property Type Retail
- Lot Size 1.31 SF
- Additional Rent Contact for pricing
- Year Built 2020
- Date Updated Nov 15, 2024
We are pleased to offer to qualified investors, an opportunity to acquire a corporate guaranteed absolute NNN single tenant net lease investment, occupied by Express Oil Change (guaranteed by Mavis Tire) on a 15 year base term with 5, 5 year options. The subject property is located along the one of the main North/South corridors through Covington, LA just off Interstate 12 and is positioned near major retailers such as Winn-Dixie, CVS, Walgreens, Target, Ross Dress for Less, Kohl’s Mercedes-Benz of Covington and more. This is an excellent opportunity to own a new construction, passive income generating investment on a long term 15-year lease that is corporate guaranteed with zero landlord responsibilities.
Available
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Attachments
False
Contacts
Location
Getting Around
-
Walk Score ®
39/100
Car-Dependent
-
Bike Score ®
43/100
Somewhat Bikeable
- City Covington, LA
- Zip Code 70433
- Market New Orleans
Points of Interest
-
Sam's Club
0.84 miles
-
Covington, LA Supercharger
0.99 miles
-
ChargePoint
1.00 miles
-
Texaco
1.09 miles
-
Chevron
3.00 miles
-
Shell
3.14 miles
-
Murphy USA
3.18 miles
-
Racetrac
3.19 miles
-
Circle K
3.21 miles
-
Discount Zone
4.28 miles
-
Panera Bread
0.33 miles
-
McDonald's
0.45 miles
-
Steak 'n Shake
0.73 miles
-
Olive Garden
0.76 miles
-
Firehouse Subs
0.79 miles
-
Texas Roadhouse
0.82 miles
-
Cracker Barrel
0.86 miles
-
Saltgrass Steak House
0.89 miles
-
LongHorn Steakhouse
0.97 miles
-
Taco Bell
1.01 miles
-
Winn-Dixie
0.31 miles
-
Kohl's
0.68 miles
-
JCPenney
0.89 miles
-
Ross
0.97 miles
-
Marshalls
0.99 miles
-
Target
1.03 miles
-
Belk
1.14 miles
-
Acquistapace's Covington Supermarket
2.34 miles
-
Walmart Neighborhood Market
3.09 miles
-
ALDI
3.13 miles
Frequently Asked Questions
How much does Express Oil | 15 Year Base Term | New Construction cost?
The space currently listed for sale at Express Oil | 15 Year Base Term | New Construction asks for $2,335,000.
What is the total square footage of Express Oil | 15 Year Base Term | New Construction?
Express Oil | 15 Year Base Term | New Construction totals 4,732 square feet.
When was this property built?
Express Oil | 15 Year Base Term | New Construction was built in 2020.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
