Walgreens Drive-Through NNN
For Sale
Contact for pricing
Pending
1435 W Tunnel Blvd, Houma, LA 70360
Absolute NNN Walgreens with drive-through pharmacy, corporate guarantee, and 24-hours-a-day operation.
Property SizeContact for details
Days on Market148
Property Features for 1435 W Tunnel Blvd
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
72,900 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners New York
Listed By:
Sabrina Sapienza · License #BROK.995710215-ACT
(914) 498-2225
Source:
Crexi
Added: Apr 11
Changed: Aug 24
Last Checked: Sep 3 at 7:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners New York
Investment Insights
Based on property information with market context.
Fee simple interest (land and building ownership) is offered for an absolute NNN leased Walgreens investment property. The lease is corporate guaranteed and described as investment grade (S&P: BBB) with 24-hours-a-day operation, and the tenant has over five years of term remaining plus ten (five-year) renewal options. The offering is presented as absolute NNN with zero landlord responsibilities. The store’s interior and exterior have been completely renovated by the tenant, and the roof renovation is currently in process.
The Walgreens is located at a signalized hard corner intersection in the New Orleans MSA, with access provided by multiple points of ingress and egress. The property includes a drive-through pharmacy and a large pylon sign for visibility along both cross streets. The location is reported as averaging over 72,900 vehicles per day.
The subject site sits within a dense retail corridor featuring numerous national and credit tenants, including Walmart Supercenter, Home Goods, Lowe’s, Best Buy, Academy Sports + Outdoors, Target, and Home Depot. The surrounding area is supported by reported trade area population and employment figures.
The Walgreens is located at a signalized hard corner intersection in the New Orleans MSA, with access provided by multiple points of ingress and egress. The property includes a drive-through pharmacy and a large pylon sign for visibility along both cross streets. The location is reported as averaging over 72,900 vehicles per day.
The subject site sits within a dense retail corridor featuring numerous national and credit tenants, including Walmart Supercenter, Home Goods, Lowe’s, Best Buy, Academy Sports + Outdoors, Target, and Home Depot. The surrounding area is supported by reported trade area population and employment figures.
Key Highlights
- Absolute NNN Walgreens investment with fee simple ownership (land & building)
- Corporate‑guaranteed lease with tenant Walgreen Louisiana Co., Inc.; over 5 years of term remaining plus 10 (5‑year) options
- 24‑hours‑a‑day operation with drive‑thru pharmacy
Property Analytics
Property Profile
Current Use
Lease Details
72,900 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
Explore this area
Business Placement
Demographics for 70360, LA
28,014
Population
12,283
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
90%
High-School Grad
60.1 sq mi
ZIP Area
466
Density / Sq Mi
$82,365
Median Household Income
$44,925
Median Earnings
$1,085
Median Rent
$297,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN Walgreens with drive-through pharmacy, corporate guarantee, and 24-hours-a-day operation.
Where is this nnn property located?
The property is located at 1435 W Tunnel Blvd Houma, LA.
What are key features of this property?
This property features: Absolute NNN Walgreens investment with fee simple ownership (land & building); Corporate‑guaranteed lease with tenant Walgreen Louisiana Co., Inc.; over 5 years of term remaining plus 10 (5‑year) options; 24‑hours‑a‑day operation with drive‑thru pharmacy
