For Sale
$2,319,000

78 Westbank Expy Gretna, LA 70053

High-ROI Dairy Queen, Gretna, LA

Overview

Added:
Dec 11, 2024
Days on market:
127
Exceptional Dairy Queen investment opportunity in Gretna, Louisiana. This fee-simple, absolute NNN lease boasts a 15+ year remaining term, scheduled rent increases, and a prime location near major retailers. The 2,382 sq ft building includes a drive-thru and benefits from strong demographics. A 6% cap rate and $139,141 NOI make this a compelling passive income investment. Franchisee-guaranteed lease.

Highlights

  • 15+ years remaining on a Dairy Queen franchisee-guaranteed lease with four 5-year options and scheduled rent increases.
  • Absolute NNN lease; zero landlord responsibilities; ideal passive investment.
  • Located off Westbank Expressway (100,400 VPD) with a drive-thru, near strong retailers including Home Depot, Walgreens, and Best Buy.
  • 5-mile trade area has over 337,000 residents, 251,000 employees, and a $91,259 average household income.

Property Details for 78 Westbank Expy

Property type
Retail properties
Square Feet
2,382 SF
Year Built
2014
Lot Size (sq. ft)
26,572 SF

Location Insight

City
Gretna
County
Jefferson Parish
State
Louisiana
Latitude
29.912597381703
Longitude
-90.051000967773
78 Westbank Expy, Gretna, Louisiana
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - High-ROI Dairy Queen, Gretna, LA
Where is the retail property located?
The property is located at 78 Westbank Expy Gretna, LA.
What is the asking price?
The asking price for this property is $2,319,000.
What are key features of this property?
This property features: 15+ years remaining on a Dairy Queen franchisee-guaranteed lease with four 5-year options and scheduled rent increases.; Absolute NNN lease; zero landlord responsibilities; ideal passive investment.; Located off Westbank Expressway (100,400 VPD) with a drive-thru, near strong retailers including Home Depot, Walgreens, and Best Buy.
How can I contact the broker?
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78 Westbank Expy
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