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Morgan City, LA NNN Properties for Sale

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Berwick, LA Patterson, LA Amelia, LA Franklin, LA Gibson, LA Pierre Part, LA Houma, LA Centerville, LA
Freestanding Retail Building with Drive-Thru
Updated: Apr 10
Freestanding Retail Building with Drive-Thru

1223 North Victor II Boulevard, Morgan City, LA 70680

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Vacant freestanding Walgreens retail building (approx. 11,180 SF) under an absolute NNN lease in place since 1999
Absolute NNN lease: Walgreens to maintain, insure, and pay property taxes through Feb 28, 2021
Lease rent totals $297,499 through Feb 28, 2021 ($148,749 annually over the next two years)
Built‑in drive‑thru window for the freestanding retail building
Approx. 64,033 SF lot with approximately 65 parking spaces
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Dollar General NNN Property
Updated: Apr 11
Dollar General NNN Property

818 Brashear Ave, Morgan City, LA 70380

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Single‑tenant Dollar General property
Lease expiration scheduled for April 30, 2023
Three five‑year renewal options included
Tenant reimburses real estate taxes and insurance
Tenant pays a monthly premium for CAM costs
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Morgan City, LA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Income Producing Commercial Property
Income Producing Commercial Property

1404 Tiger Dr, Thibodaux, LA 70301

$1,500,000
12,261 sqft 1.73 AC lot

Tenant-occupied commercial property available for sale.

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Single-Tenant Medical Facility
Single-Tenant Medical Facility

108 Westover Dr, Thibodaux, LA 70301

Contact for pricing
6,520 sqft

Built in 2017, this 6,520 SF medical center is leased long-term to Fresenius Medical Care.

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Single-Tenant Auto Shop
Single-Tenant Auto Shop

1895 Martin Luther King Jr Blvd, Houma, LA 70360

Contact for pricing

Corporate ground lease offers approximately 8.5 years of remaining term with zero landlord responsibilities.

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Walgreens Drive-Through NNN Lease
Walgreens Drive-Through NNN Lease

1435 W Tunnel Blvd, Houma, LA 70360

Contact for pricing

Absolute NNN Walgreens with drive-through pharmacy, corporate guarantee, and 24-hours-a-day operation.

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Morgan City, LA Nnn Properties Market Trends and Statistics

Explore 2 nnn properties for sale in Morgan City, LA on our real estate platform.

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Demographics Overview

Population 21K
Population Growth (5Y) +0.7%
Median Household Income $54,504
College Educated 8.4%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Mary Parish

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in St. Mary Parish

Retail

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