Retail    

Veterinary Practice Partners
(dba The Cat Practice)

 New Orleans, Louisiana

Asking Price

$1,650,000

Cap Rate

7.00%

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Expenses

Abs. NNN

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LTR

9.75 Years

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Square Feet

3,885 SF

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NOI

$115,484

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Rent Increases

2% Annually

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Irreplaceable New Orleans Real Estate
  • Signalized Corner | Magazine Street Frontage
  • Strong Guarantor | 140+ Locations
  • 370K+ 5-Mile Pop. | $118K+ AHHI within 15-Min Walk
  • Absolute NNN Lease with 2% Annual Increases
  • Long Lease Term Remaining
  • New Orleans MSA | 1.27+ Million Residents

Exclusively Listed By

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com   

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

Anne Perrault

Vice President
  aperrault@northmarq.com   

David Annett

Senior Associate
  dannett@northmarq.com   

Jacob Ryan

Senior Associate
  jryan@northmarq.com   

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Cole Surrett

Investment Analyst
  csurrett@northmarq.com   

Heather Foster

Operations Analyst
  hfoster@northmarq.com   

In Association With:

Jeff Matulis

LA Broker #BROK.0995697340-ASA

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136

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