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2105 Cleary Ave
Metairie, LA 70001

$4,650,000 USD

Drugstore For Sale  •  13,225 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,225 SF
  • Lot Size 1.19 AC
  • Building Class C
  • Year Built 2010
  • Tenancy Single
  • Zoning NRC
0 Transit Score
57 Walk Score

Highlights

Investment-Grade Tenant: CVS, BBB-rated, $72B market cap.
Triple Net Lease: CVS covers all expenses.
Long-Term Lease: 12 years left, with 5 extensions.
Growing Income: 10% rent increases every 5 years.
Prime Location: Hard corner, drive-thru, high visibility.
Affluent Area: Located in wealthy Metairie, LA. | Strong Demographics: 284K+ people within 5 miles.

Public Transportation

Commuter RailDriveWalkDistance
New Orleans Union Passenger Terminal (City of New Orleans - Amtrak, Crescent - Amtrak, Sunset Limited - Amtrak) 13 min - 8.3 mi
AirportDriveWalkDistance
Louis Armstrong New Orleans International 13 min - 7.8 mi
Scott DeYoung 949-221-1835 Faris Lee Investments
Scott DeYoung 949-221-1835 Faris Lee Investments