Gentilly Building & Business
4500 Old Gentilly Road, New Orleans, Orleans 70126
Newly constructed and tenanted, 4500 Old Gentilly Road offers a NNN leased investment property along with a highly successful washateria business for sale. Currently the owner of the building operates the Landrumat Zone Washateria, which was established in 2017 and has proved highly successful. Metro PCS and PeeWee CrabCakes are on NNN leases. The property was developed in 2017 and is in close proximity to a number of national retailers and commercial establishments, including dollar stores, restaurants, retailers, hotels, etc. The property has unimpeded access to I-10 and I-610 and is within a 15-minute drive to nearly the entire New Orleans MSA (see drive time map). The Business requires virtually zero day-to-day management and is completely automated.
Business P&L statements, inventory list, etc. are available upon request. Ownership is willing to remain on-site for several months to facilitate the transfer.
PeeWee: Metro PCS Laundromat
• $3,177/month NNN • $977/month NNN • ~$400k in gross sales
• 2,007 SF • 763 SF • 3,050 SF
• Expires July. 2025 • Expires Feb. 2022 • All equipment included
• 1x 5 year renewal • 1×3 year renewal • Established and operational
For additional information, see linked brochure.
Address: 4500 Old Gentilly Road
City: New Orleans
Zip Code: 70126