$825,000
For Sale

101 ALLEN TOUSSAINT BOULEVARD

New Orleans, LA 70124
Browse 3 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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!

  • Property Details
      • Lot DescriptionIrregularLot, OutsideCityLimits
      • SubdivisionNot a Subdivision
      • Property SubtypeCommercialSale
      • Structure TypeOther, Retail
      • Sewer InformationPublicSewer
      • Property TypePurchase
      • Original List Price$825,000
      • CountyOrleans
      • MLS #2489613
      • MLS #2489613
      • Utility SourcePublic
      • Cost825000

Location

Troy Lawrence NMLS #1885144 | Magic Mortgage Inc NMLS #2654516Real Estate Group
OR

Interested in Purchasing 101 ALLEN TOUSSAINT BOULEVARD?

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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