CVS Absolute NNN
For Sale
Contact for pricing
Pending
5902 Read Blvd, New Orleans, LA 70127
The lease has 14.5 years remaining under an absolute net structure.
Property SizeContact for details
Days on Market143
Property Features for 5902 Read Blvd
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Encore Real Estate Investment Services
(248) 702-0943
Listed By:
Gino Kassab · License #MI
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 5:39PM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This NNN property is leased to CVS Pharmacy under an absolute net arrangement, with 14.5 years remaining on the lease term. The asset is located at 5902 Read Blvd in New Orleans, Louisiana 70127. Available facts identify the property as a specialty retail asset associated with a drug store use.
Key Highlights
- CVS Pharmacy tenancy
- 14.5 years remaining on the lease
- Absolute net lease structure
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
124k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 33%
Hotels & Casinos 2%
McDonald's
Dining
30,876 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
19,559 visits/mo
0.1 miles
Family Dollar
Shops & Services
15,037 visits/mo
0.5 miles
Wendy's
Dining
14,560 visits/mo
0.2 miles
Chase Bank
Shops & Services
11,077 visits/mo
0.3 miles
Demographics for 70127, LA
24,332
Population
10,719
Households
2.3
Avg Household Size
35
Median Age
25%
College-Educated
86%
High-School Grad
5.5 sq mi
ZIP Area
4,424
Density / Sq Mi
$41,548
Median Household Income
$30,817
Median Earnings
$1,060
Median Rent
$191,200
Median Home Value
Market
Vacancy Rate% for Retail in New Orleans, LA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - The lease has 14.5 years remaining under an absolute net structure.
Where is this nnn property located?
The property is located at 5902 Read Blvd New Orleans, LA.
What are key features of this property?
This property features: CVS Pharmacy tenancy; 14.5 years remaining on the lease; Absolute net lease structure
