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AutoZone Triple Net Lease Investment Offering- Metairie, LA

4630 Veterans Blvd, Metairie, LA 70006

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Overview

Single Tenant triple-net Lease Investment Offering

Occupied by AutoZone
10 Year Lease Term with 4 (5-Year) Option

This specific location is in Metairie, Louisiana, which is a strategically positioned suburb just six miles northwest of downtown New Orleans. The investment is backed by an exceptionally strong corporation guarantee. AutoZone is the largest auto parts retailer in the U.S. and carries an investment-grade credit rating of 'BBB' from S&P. AutoZone demonstrates exceptional financial strength with a massive market capitalization of approximately $67.42 billion and fiscal year 2024 revenues exceeding $18.5 billion.

  • Strong National/Investment Grade Tenant
  • Ease of Management - Single Tenant Triple Net Lease
  • Long Term Lease - 10 Year Primary Term with 4 (5-Year) Lease Options
  • Growing Income Stream with Rental Increases
  • Metairie, LA - New Orleans MSA

For Sale

Investment
Sale Price
$5,500,000
Price Per SF
$388.3/SF
Cap Rate
5.41%
Building Size
14,165 SF
Acres
0.886 ac
Gross Income
$297,465
Net Operating Income
$297,465
Building Name
Auto Zone
Parking Spaces
54
County
Jefferson Parish
Available
10/29/2025
Created
10/31/2025
Updated
11/26/2025
Listing ID
ee211374
Parcel APN
820020045