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420 Westbank Expy
Gretna, LA 70053

$2,400,000 USD

Restaurant For Sale  •  5,702 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 5,702 SF
  • Lot Size 0.87 AC
  • Building Class C
  • Year Built 1969
  • Tenancy Single
  • Zoning R1A
0 Transit Score
86 Walk Score

Highlights

Long-Term, Absolute Triple Net (NNN) Lease
The lease will feature 10% increases every 5 years, in both the base term and tenant renewal options.
The lease features a corporate guarantee from Shoney's North America LLC. Shoney's operates over 55 locations throughout 17 states.
The subject investment property is situated in an affluent community where the average household income within a five-mile radius exceeds $79,000.

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
New Orleans Union Passenger Terminal (City of New Orleans - Amtrak, Crescent - Amtrak, Sunset Limited - Amtrak) 8 min - 5.2 mi
AirportDriveWalkDistance
Louis Armstrong New Orleans International 27 min - 19.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 55
Type: Surface
Included in Rent: Yes
Glen Kunofsky 332-345-4222 NNN Pro Group
Glen Kunofsky 332-345-4222 NNN Pro Group