Kentwood NAPA Auto Parts
717 Ave G Kentwood, LA 70444
717 Ave G, Kentwood, LA, 70444
Contact for pricing
For Sale
Contact for pricing
NAPA Auto Parts store with excellent access and visibility.
Property Size10,156 SF
Price / SF$100
Days on Market148
Property Features for 717 Ave G
General Information
- Standard status
- Active
- Size
- 10,156 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1976
Listing Agency
CBRE New Orleans
(504) 733-4555
Listed by
Bryce French · License #LA 0995690959
Source
Crexi
Added: Feb 20 Checked: Jul 17 at 6:41 am
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 CBRE New Orleans
Investment Insights
Based on property information with market context.
Located approximately 52 miles northeast of Baton Rouge and 73 miles northwest of New Orleans, near the Louisiana and Mississippi border, this NAPA Auto Parts store benefits from high visibility and accessibility on Avenue G, with a traffic count of 8,877 vehicles per day. It is situated just feet from on and off access to Interstate 55, which sees 23,409 vehicles per day. The property's net lease has approximately 4.1 years of term remaining, featuring approximately 2% annual rent increases starting in 2027 and continuing through two, 5-year renewal options. The property is immediately adjacent to Pizza Shack and Southeast Regional Medical Center, with Sullivan’s Grocery located directly across Avenue G. Other businesses in the area include Sonic Drive-In, Popeye’s Louisiana Kitchen, McDonald’s, Shell, Kentwood Family Pharmacy, Hancock Whitney Bank, Kentwood Travel Center, Southeast Community Health, Fresnius Kidney Care, Dollar General, and Circle K. Nearby traffic drivers include Kentwood High School, with 313 students, and OW Dillon Elementary School, with 342 students.
Key Highlights
- Excellent access and visibility on Avenue G and Interstate 55
- Net lease with ±4.1 years of term remaining
- ±2% annual rent increases starting in 2027
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.0k | $6.60 |
| − Vacancy | −$5.7k | −$0.56 |
| EGI | $61.3k | $6.04 |
| − OpEx | −$18.4k | −$1.81 |
| NOI | $42.9k | $4.23 |
10,156 SF · lease $6.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.45M
$1.27M – $1.70M
NOI $101,839 @ 7.0% cap · market cap 10.03%
Second Best
Industrial
$613.3K
$536.7K – $715.5K
NOI $42,932 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$2.80M
$2.45M – $3.27M
NOI $195,976 @ 7.0% cap · market cap 19.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
True value hardware
Building Supply
NAPA Auto Parts ...
Auto Parts Store
Similar For Sale Nearby
Similar Off Market Nearby
- Southern Star Pro Shop — 304 Ave G, Kentwood, LA 70444
- Servant's Glass LLC — 410 Ave G, Kentwood, LA 70444
- Double B Truck And Trailer Repair LLC — 1148 3rd St, Kentwood, LA 70444
- George's Wrecker Services — 614 13th St, Kentwood, LA 70444
- Kentwood Collision Center LLC — 1107 9th St, Kentwood, LA 70444
FAQs
What type of property is this?
Auto shop - NAPA Auto Parts store with excellent access and visibility.
Where is this auto shop located?
The property is located at 717 Ave G Kentwood, LA.
What is the asking price?
The asking price for this property is $1,015,600.
What are key features of this property?
This property features: Excellent access and visibility on Avenue G and Interstate 55; Net lease with ±4.1 years of term remaining; ±2% annual rent increases starting in 2027
