ID f101cf50
New Orleans STNL Investment -4243 Canal St |
For Sale
$1,500,000$411.86/SF
- Building Size
- 3,642 SF
- Lot Size
- 0.17 ac
- Parish
- Orleans
- Listed
- 08/06/2026
- Updated
- 08/25/2026
- Cap Rate
- 7.48%

Overview
This single tenant net lease (STNL) investment features Meineke Car Care Center as the in-place tenant, offering investors a passive income asset with minimal landlord responsibilities. The property's layout supports Meineke's service operations, making this a stable, purpose-built hold for investors seeking a proven automotive use in an established corridor. With NNN lease terms in place, this asset appeals to buyers prioritizing stable, low-maintenance returns.
Positioned along Canal St in New Orleans with access to the Canal streetcar and bus lines, this property sits within a dense, high-traffic retail corridor near Costco, Trader Joe's, and Chick-fil-A. The surrounding area also offers convenient access to pharmacies, restaurants, and a nearby library, further supporting steady foot and vehicle traffic through the immediate trade area.
- Business is not for sales. Please do not contact tenant.
- 6 bay doors and 8 parking spots
- Pylon sign/signage
- Dedicated turn lane
- Nearby retailers include an upcoming Aldi, Rouses, Marshall's and Petco
Additional Information
- City
- New Orleans
- State
- LA
- Zip Code
- 70119
- Zoning
- HU-MU
- Zoning Desc.
- Historic Urban Neighborhood Mixed Use District
- NOI
- $112,200
- Building Name
- Meineke Car Care Center
- Parcel APN
- 206208821
- Listing ID
- f101cf50
- City
- New Orleans
- State
- LA
- Zip Code
- 70119
- Zoning
- HU-MU
- Zoning Desc.
- Historic Urban Neighborhood Mixed Use District
- NOI
- $112,200
- Building Name
- Meineke Car Care Center
- Parcel APN
- 206208821
- Listing ID
- f101cf50
