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    78 Westbank Expy Gretna, LA 70053

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    For Sale
    Contact for pricing

    Franchisee-guaranteed Dairy Queen lease with over 14 years remaining.

    Property size:
    2,382 SF
    Lot size:
    0.53 Acres

    Property Features for 78 Westbank Expy

    General Information

    Size
    2,382 SF
    Lot size
    0.53 Acres

    Source: SRS Real Estate Partners | McLean Agent Andrew Fallon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dairy Queen Investment Opportunity

    This property is a retail space currently leased to Dairy Queen, a quick-service restaurant known for its soft-serve ice cream. The tenant is responsible for CAM, taxes, insurance, and all maintenance of the premises, resulting in no landlord responsibilities. The lease, which is franchisee guaranteed, has more than 14 years remaining, with four 5-year options to extend, demonstrating the tenant's commitment to the location. The lease includes rental increases in years 4, 9, 14, and at the beginning of each option period. This arrangement is intended to generate Net Operating Income (NOI) and hedge against inflation. The property is suitable as a management-free investment for a passive investor. The property is located at 78 Westbank Expressway, Gretna, LA. The building has a size of 2382 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dairy Queen Grill ... Fast Food Restaurant Burger King Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gretna
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.052769
    Latitude
    29.911353

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    FAQs

    What type of property is this?
    Drive through restaurant - Franchisee-guaranteed Dairy Queen lease with over 14 years remaining.
    Where is this drive through restaurant located?
    The property is located at 78 Westbank Expy Gretna, LA.
    What are key features of this property?
    This property features: - Management-free investment with no landlord responsibilities; - Long-term lease with over 14 years remaining and 4 (5-year) options to extend; - Rental increases built into the lease at specified intervals and at the beginning of each option, hedging against inflation
    (202) 286-1542
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    78 Westbank Expy Gretna, LA 70053
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    78 Westbank Expy Gretna, LA 70053
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