Daily limit: 0/10
Institutional Buyer Acquires Single-Tenant AutoZone In Metairie For $4.55 Million
SOLD
$4,550,000
+ 1
Louisiana
See Similar DealsRetail
Sold 06/08/2026
SOLD
Institutional Buyer Acquires Single-Tenant AutoZone In Metairie For $4.55 Million
4630 Veterans Memorial Boulevard
See Similar DealsRetail
Sold 06/08/2026
+ 1
Summary
LOUISIANA
Asset Type:Retail
Transaction Type:Sale
An institutional buyer acquired a single-tenant, net-leased AutoZone located at 4630 Veterans Memorial Boulevard, Metairie, Louisiana. The property was sold for $4,550,000, representing its market value in the retail sector.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,550,000
- Address: 4630 Veterans Memorial Boulevard
- Market: Metairie, LA
- Broker Representatives: Kirsten Early - SRSA Commercial Real Estate; Scott DeYoung, Jeff Conover & Greg Lukosky - Faris Lee Investments
The transaction highlights the involvement of multiple brokers, with Kirsten Early representing SRSA Commercial Real Estate and Scott DeYoung, Jeff Conover, and Greg Lukosky representing Faris Lee Investments, facilitating the sale of the property to the institutional buyer.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$242,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,165.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,569.32
Annual Debt Service$258,831.86
Is there something missing? Send suggestions