NNN Retail Investment
3621 General De Gaulle Dr New Orleans, LA 70114
For Sale
$5,330,000
NNN leased CVS with over 9.7 years remaining on lease.
Property Size13 SF
Price / SF$410,000
Days on Market319
Property Features for 3621 General De Gaulle Dr
General Information
- Standard status
- Active
- Size
- 13 SF
- Property subtype
- Retail
Listing Agency:
Lee & Associates San Diego - Carlsbad
(760) 519-0240
Listed By:
Ryan Bennett · License #CalDRE #01826517
(760) 519-0240
Source:
Lee-associates
Added: Sep 10, 2025
Changed: Jul 6
Last Checked: Jul 25 at 6:38AM
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 Lee & Associates San Diego - Carlsbad
Investment Insights
Based on property information with market context.
This NNN retail property is located in the city of New Orleans, the economic hub for the Gulf Coast region, and benefits from a diverse economy. The property is leased to CVS Health Corp, an investment-grade credit tenant (S&P: BBB), the largest pharmacy in the US, with revenues of $357.8 billion and ranked #6 on the Fortune 500. The absolute NNN lease provides a long-term passive income stream. The property has frontage on General de Gaulle Drive, which sees 30,000 cars per day. It is located in a dense retail trade area and is only 4 miles from US Hwy 90, which sees over 60,000 cars per day, providing direct access to downtown New Orleans. The property's central location near medical centers and senior living facilities provides a consistent customer base and drives a profitable prescription business. The lease has over 9.7 years remaining.
Key Highlights
- Investment grade credit tenant (CVS Health Corp, S&P: BBB) offers a secure investment.
- Long‑term passive income stream with over 9.7 years remaining on lease term.
- Absolute NNN lease provides a hands‑off investment opportunity.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CVS Photo
(Bike/Boat/Book/etc) Store
LibertyX Bitcoin ATM
Atm
Buy Bitcoin
Crypto Atm
UPS Access Point ...
Courier Service
Cardtronics ATM
Atm
Similar Off Market Nearby
- Randy S. Carr, RPh — 3500 Holiday Dr, New Orleans, LA 70114
- Stephen Le — 3500 Holiday Dr, New Orleans, LA 701148229
- Alvin Ruiz — 4110 General De Gaulle Dr, New Orleans, LA 701318231
- Vincent Culotta — 4110 General De Gaulle Dr, New Orleans, LA 701318231
- Body Sculpting by Brie — 4480 General De Gaulle Dr Suite 202, New Orleans, LA 70131
FAQs
What type of property is this?
Drug store - NNN leased CVS with over 9.7 years remaining on lease.
Where is this drug store located?
The property is located at 3621 General De Gaulle Dr New Orleans, LA.
What is the asking price?
The asking price for this property is $5,330,000.
What are key features of this property?
This property features: Investment grade credit tenant (CVS Health Corp, S&P: BBB) offers a secure investment.; Long‑term passive income stream with over 9.7 years remaining on lease term.; Absolute NNN lease provides a hands‑off investment opportunity.
