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6240 Lapalco Blvd Marrero, LA 70072

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For Sale
$1,065,700

NNN retail property with a long-term lease and rental increases.

Property size:
1,703 SF
Lot size:
0.52 Acres

Property Features for 6240 Lapalco Blvd

General Information

Size
1,703 SF
Lot size
0.52 Acres

Source: NNN Pro Group Agent Glen Kunofsky

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


Overview

NNN Retail Property For Sale

This retail property is available for sale and is subject to an absolute triple-net (NNN) lease, meaning zero landlord responsibilities and a truly passive income stream. The property is subject to a brand new twenty-year lease with approximately 19.6 years remaining and four, five-year options. The lease features flat rent until July 2030, followed by annual rental increases of three percent (3.00%), offering a potential hedge against inflation. The property is located at 6240 Lapalco Blvd, Marrero, LA and has a property size of 1703 square feet.
Location Intelligence

Current Use by Public Records

New Orleans Original ... Cocktail Bar

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

Location Insight

  • Map
  • Local Demand
City
Marrero
County
Jefferson
State
Louisiana
Longitude
-90.115695
Latitude
29.875779

FAQs

What type of property is this?
Retail space - NNN retail property with a long-term lease and rental increases.
Where is this retail space located?
The property is located at 6240 Lapalco Blvd Marrero, LA.
What is the asking price?
The asking price for this property is $1,065,700.
What are key features of this property?
This property features: - Absolute triple-net (NNN) lease with zero landlord responsibilities.; - Brand new twenty (20)-year lease, with approximately 19.6 years remaining.; - Four (4), five (5)-year options available.
More about this property
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