- For Sale $2,335,000
- Property Type Retail
- Lot Size 1.31 SF
- Additional Rent Contact for pricing
- Year Built 2020
- Date Updated Oct 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.
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Attachments
False
Contacts
Location
Getting Around
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Walk Score ®
39/100
Car-Dependent
-
Bike Score ®
43/100
Somewhat Bikeable
- City Covington, LA
- Neighborhood Covington
- Zip Code 70433
- Market New Orleans
Points of Interest
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Sam's Club
0.84 miles
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Texaco
1.09 miles
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Chevron
3.00 miles
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Shell
3.14 miles
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Racetrack
3.19 miles
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Circle K
3.21 miles
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Circle K Shell
3.25 miles
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On The Run
3.27 miles
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Goodbee Quick Stop
5.08 miles
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Chevron
6.16 miles
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Steak 'n Shake
0.73 miles
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Olive Garden
0.76 miles
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Firehouse Subs
0.79 miles
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Texas Roadhouse
0.82 miles
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Cracker Barrel
0.86 miles
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Saltgrass Steak House
0.89 miles
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LongHorn Steakhouse
0.97 miles
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Taco Bell
1.01 miles
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Wendy's
1.03 miles
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Chick-fil-A
1.12 miles
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Winn-Dixie
0.31 miles
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Kohl's
0.68 miles
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JCPenney
0.89 miles
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Ross
0.97 miles
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Marshalls
0.99 miles
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Target
1.03 miles
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Belk
1.14 miles
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Acquistapace's Covington Supermarket
2.34 miles
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Walmart Neighborhood Market
3.09 miles
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Big Lots
3.16 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.
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