AutoZone property in Metairie sells for $4.55M (opens original article in a new tab)

A single-tenant AutoZone property in Metairie was sold for $4.55 million to an institutional buyer through a net-lease agreement. The transaction was handled by SRSA Real Estate and Faris Lee Investments.

• AutoZone property at 4630 Veterans Memorial Blvd. sold for $4.55 million.
• The buyer is an institutional investor acquiring the property as a net-leased investment.
• SRSA Real Estate and Faris Lee Investments represented the seller in the transaction.
• The sale reflects ongoing demand for stable retail properties with national tenants.