3
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$825,000
Est. payment /mo
Active Under Contract
101 ALLEN TOUSSAINT BLVD New Orleans, LA 70124
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Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Not A Subdivision
MLS Listing ID 2489613
HOA Y/N No
Property Description
Rare Opportunity: Ground lease & its land for sale for the current tenant Walgreens. Business & building are NOT for sale.
Take advantage of this exceptional opportunity to purchase the ground WITH its current lease for a top-performing Walgreens store located at 101 Allen Toussaint Blvd (formerly Robert E. Lee Blvd). This site boasts a strong performance history as a top performing store and prime land ownership location, making it a solid investment choice. As the landowner and land lessor, you would benefit from consistent rent payments while the tenant operates and maintains the premises, ensuring minimal management hassle.
Key Details: Lease Term: Extends until 2083; Investment Type: Ground Lease & Land. For more information and to review the lease, please call the listing agent. Don't miss out on this unique investment opportunity!
Take advantage of this exceptional opportunity to purchase the ground WITH its current lease for a top-performing Walgreens store located at 101 Allen Toussaint Blvd (formerly Robert E. Lee Blvd). This site boasts a strong performance history as a top performing store and prime land ownership location, making it a solid investment choice. As the landowner and land lessor, you would benefit from consistent rent payments while the tenant operates and maintains the premises, ensuring minimal management hassle.
Key Details: Lease Term: Extends until 2083; Investment Type: Ground Lease & Land. For more information and to review the lease, please call the listing agent. Don't miss out on this unique investment opportunity!
Location
State LA
County Orleans
Zoning Comm
Interior
Fireplace No
Exterior
Parking Features None
Water Access Desc Public
Building
Lot Description Irregular Lot, Outside City Limits
Dwelling Type Other,Retail
Sewer Public Sewer
Water Public
Others
Special Listing Condition None
Listed by LATTER & BLUM (LATT15)