4150 General Degaulle Dr - Retail FOR SALE


New Orleans, LA 70131- Old Aurora
$4,820,000 USD
559-259-0254
4150 General Degaulle Dr, New Orleans, LA for Sale
$4,820,000 USD
Retail - FOR SALE
1/3
null | 6.75% Cap Rate

4150 General Degaulle Dr
New Orleans, LA 70131
Old Aurora


HIGHLIGHTS

  • Tenants: Buffalo Wild Wings, Firehouse Subs, Jeff Haberdashery, Republic Finance
  • Long term leases in place
  • 100% occupied
  • Grocery anchored retail shopping center

OVERVIEW

Introducing 4150 General De Gaulle Drive in New Orleans’ ALGIERS PLAZA. A prime investment opportunity offering a 6.75% CAP rate on a fully-occupied 14,277 SF retail center in a 227,814 SF shopping plaza. The property features Buffalo Wild Wings, Jeff Haberdashery, Firehouse Subs, and Republic Finance. This grocery-anchored retail center includes national and regional anchor tenants such as Winn-Dixie, Burlington, and more. With long-term leases in place and 72% of tenants secured for the foreseeable future, including recent extensions with tenants like Je?'s Haberdashery and Bu?alo Wild Wings, this property promises stability and growth potential. Strategically positioned near major thoroughfares and just 5 miles from downtown New Orleans, Algiers Plaza offers high visibility with over 80,000 vehicles passing by daily. Don't miss this opportunity to own a high-traffic retail asset in a bustling area close to key amenities and attractions.

FOR SALE DETAILS

PRICE

$4,820,000 USD

PRICE/SF

$338 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Buffalo Wild Wings + Firehouse Subs|4 Tenants

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

700

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

C-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

John Kourafas, CCIMVisintainer GroupMore Info
559-259-0254

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John Kourafas, CCIMVisintainer GroupMore Info
559-259-0254

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.