2625 Veterans Boulevard Kenner, LA 70062

Listing agency Horvath & Tremblay

Listed by Bob Horvath · License #CT 756500

Source Crexi

Added: Apr 10 Updated: Jul 22 at 7:07AM Checked: Jul 22 at 7:07AM

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Investment Insights

Based on property information with market context.

This is a single-tenant, triple-net leased Home Depot property offered for sale. The standalone site includes a Home Depot building of 174,522 square feet on a 12.94-acre parcel. The current Home Depot lease expires in 2032 and includes more than 13 years of remaining term, along with 10, 5-year renewal options that call for a 5% rent increase at the start of each option period.

The property is located immediately adjacent to a Walmart Supercenter on a primary retail corridor near the New Orleans International Airport in Kenner, Louisiana. Kenner is described as an immediate suburb of New Orleans and the largest suburban city in the New Orleans MSA.

Key Highlights

• Single‑tenant, triple‑net leased Home Depot on a standalone 12.94‑acre parcel
• 174,522 SF Home Depot building on the property
• Lease term extends to 2032 with over 13 years of term remaining

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FAQs

What type of property is this?

NNN property - Triple-net leased Home Depot on a standalone site with a building and long remaining lease term.

Where is this nnn property located?

The property is located at 2625 Veterans Boulevard Kenner, LA.

What are key features of this property?

This property features: Single‑tenant, triple‑net leased Home Depot on a standalone 12.94‑acre parcel; 174,522 SF Home Depot building on the property; Lease term extends to 2032 with over 13 years of term remaining