420 Westbank Expy | Gretna, LA 70053
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This Retail Property is no longer advertised on LoopNet.com.
420 Westbank Expy
Gretna, LA 70053
Shoney's · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Long-Term, Absolute Triple Net (NNN) Lease
- The lease features a corporate guarantee from Shoney's North America LLC. Shoney's operates over 55 locations throughout 17 states.
- The lease will feature 10% increases every 5 years, in both the base term and tenant renewal options.
- The subject investment property is situated in an affluent community where the average household income within a five-mile radius exceeds $79,000.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,702 SF
Building Class
C
Year Built
1969
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.87 AC
Zoning
R1A - Low Density Residential
Parking
55 Spaces (9.65 Spaces per 1,000 SF Leased)
Frontage
123’ on Westbank Expy
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 0100002034 | Improvements Assessment | $192,980 |
| Land Assessment | $81,640 | Total Assessment | $274,620 |
PROPERTY TAXES
Parcel Number
0100002034
Land Assessment
$81,640
Improvements Assessment
$192,980
Total Assessment
$274,620
Listing ID: 33671237
Date on Market: 10/29/2024
Last Updated:
Address: 420 Westbank Expy, Gretna, LA 70053
The Westbank Retail Property at 420 Westbank Expy, Gretna, LA 70053 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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