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901 N Broad St

Bayou St. John, New Orleans, LA
Total Size
8,800 sqft
Year Constructed
Year Renovated
Building Class

About 901 N Broad St

Corporate Realty is pleased to offer for sale to qualified buyers this NN leased Advance Auto Parts property located on the emerging Broad Street corridor in New Orleans, LA. The store was opened in 2011, at which time Advance Auto Parts began operating under a new 10 year lease with four (4), five (5) year renewal options. As of July 2013, there are still over 8 years left on the existing lease. Rent increases of an average of 6.5% are scheduled in each option period.

This 8,900 SF asset is well located near the signalized intersection of Broad and Orleans Street. With two points of ingress/egress onto the property and prominent frontage on Broad Street the Advance Auto Parts store will benefit from traffic counts of more than 27,000 vehicles per day. SEE FLYER FOR DETAILS

Broad Street has been designated as part of Louisiana's main street revitalization program designed to promote the historic and economic redevelopment of traditional commercial districts in Louisiana. The main street program has already helped bring a new 60,000 SF development just a few blocks away which will feature a new Whole Foods. Other national retailers within this commerce area include Rite Aid, Dollar General, Auto Zone, and Family Dollar.

This is a HUB location for Advance Auto, which is a larger footprint store with a warehouse component that serves the other smaller locations in the area. This makes 901 North Broad a very important location. As of December 28, 2012, Advance Auto Parts, Inc. had total revenue of $6.2 billion, net income of $387.6 million and a net worth in excess of $1.2 billion. The company holds an S&P rating of BBB-, which makes it one of the most “credit worthy” and desirable retail tenants in the US. Great 1031 exchange property. SEE FLYER FOR DETAILS - Parking description: 47 off street spots - Number of buildings: 1 - Building condition: Excellent - Tenancy: Single Tenant

Internet Providers for 901 N Broad St

Provider Technology Max Download Speed Max Upload Speed
Cox Communications Cable
1 Gb/s
25 Mb/s
AT&T Louisiana DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Bayou St. John

Median Rate Median Size
Bayou St. John
Median Rate Median Size
Greater New Orleans Region $22

Median Rate over Time in Bayou St. John