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CVS Pharmacy Drug Store
For Sale
Contact for pricing

1801 Jefferson Hwy, New Orleans, LA 70121

True triple-net lease structure assigns zero landlord responsibilities during the remaining lease term.

Property SizeContact for details
Days on Market143

Property Features for 1801 Jefferson Hwy

General Information

Standard status Active
Property subtype Retail

Additional Details

Gross Income $452,750

Building Details

Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:55AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

CVS Pharmacy operates at 1801 Jefferson Highway in New Orleans under a true triple-net lease. The agreement has 13.87 years remaining and assigns zero landlord responsibilities, creating a clearly defined ownership and lease administration structure.

The lease also provides ten five-year tenant renewal options. If exercised, these options bring the total lease term to 75 years. The property is being offered for sale as a drug store asset with an established national pharmacy occupant.

Key Highlights

  • CVS Pharmacy at 1801 Jefferson Highway, New Orleans, Louisiana
  • 13.87 years remaining on the true triple‑net lease
  • Zero landlord responsibilities under the lease structure

Property Analytics

Current Use

Kodak Kiosk (Bike/Boat/Book/etc) Store Shelley E. Schmitz, ... Pharmacy CDReload - Online Bitcoin ... Bank Coinhub Bitcoin ATM ... Atm LibertyX Bitcoin ATM Atm

Suggested Use

Top Pick Dental Office Real Estate Agency Nail Salon Daycare Center Hair Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,377
Businesses Nearby
78k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 63% Dining 33% Home Improvements & Furnishings 4%
RaceTrac Shops & Services
40,808 visits/mo 0.3 miles
McDonald's Dining
21,876 visits/mo 0.5 miles
Shell Shops & Services
5,905 visits/mo 0.3 miles
Ferguson Home Improvements & Furnishings
2,707 visits/mo 0.5 miles
SUBWAY Dining
2,575 visits/mo 0.4 miles

Demographics for 70121, LA

11,523
Population
6,415
Households
1.8
Avg Household Size
46
Median Age
36%
College-Educated
88%
High-School Grad
3.3 sq mi
ZIP Area
3,492
Density / Sq Mi
$59,029
Median Household Income
$40,151
Median Earnings
$1,113
Median Rent
$237,200
Median Home Value

Market

Vacancy Rate% for Retail in New Orleans, LA

5.5% 2019
7.2% 2020
5.7% 2021
4.3% 2022
3.6% 2023
3.9% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Latrina H. Franklin, PA 1514 Jefferson Hwy, Jefferson, LA 70121
  • Randall J. Allain, RPH Jefferson, LA 70121
  • Smoothie King 1514 Jefferson Hwy, New Orleans, LA 70121
  • Megan R. McKenzie, Pharm 1514 Jefferson Hwy, New Orleans, LA 70121
  • Ochsner Medical Center: Finley Eric M MD 1514 Jefferson Hwy # 5, Jefferson, LA 70121

Frequently Asked Questions

What type of property is this?
Drug store - True triple-net lease structure assigns zero landlord responsibilities during the remaining lease term.
Where is this drug store located?
The property is located at 1801 Jefferson Hwy New Orleans, LA.
What are key features of this property?
This property features: CVS Pharmacy at 1801 Jefferson Highway, New Orleans, Louisiana; 13.87 years remaining on the true triple‑net lease; Zero landlord responsibilities under the lease structure
(332) 345-4222 Call to check price and availability
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