Single Tenant NNN Investment | 9.3% Cap Rate | New Orleans

Overview

Single-tenant NNN investment opportunity offering strong in-place income and future upside. The tenant is an established commercial operator, providing stable cash flow with minimal landlord responsibilities.The property offers an attractive 9.29% cap rate based on current rent, with scheduled increases that push returns above 10%. The one-year initial term provides flexibility, allowing ownership to adjust lease terms to market conditions, increase rental rates, or reposition the asset as opportunities arise.Well located within an established industrial corridor with access to major transportation routes, the property is suitable for a variety of industrial and commercial users, supporting long-term functionality and value.