305-697-3197
7401 Read Blvd, New Orleans, LA for Sale
Drug Store - FOR SALE
1/5
null | Request Cap Rate

NEW


7401 Read Blvd
New Orleans, LA 70127
Little Woods


HIGHLIGHTS

  • Recently upgraded with a new roof, updated HVAC systems, and electrical improvements.
  • Serving a population of more than 65,000 residents, New Orleans East is home to only 2 urgent care facilities.
  • Positioned at the signalized intersection of Read Boulevard and Morrison Road, featuring multiple access points and immediate access to I-10 .
  • More than 6,500 households within a 1-mile radius.
  • Approximately a 10- minute drive to the French Quarter and the central business district.
  • Purpose-built retail building featuring drive-thru infrastructure, high ceilings, and an efficient open floor plan.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for lease the 13,924 SF Former Walgreens located at 7401 Read Boulevard in New Orleans, LA. The property has been recently enhanced with a new roof, upgraded HVAC systems, and electrical improvements, reducing near-term capital expenditure requirements. Well-positioned for a variety of uses, including retail, medical, grocery, specialty market, office, or other commercial applications, this versatile asset presents an excellent opportunity for investors or owner-users seeking a strategically located property with strong long-term potential. In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Walgreens - New Orleans, LA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.79 AC

LAND SF

77,972 SF

ZONING

S-B2

APN/PARCEL ID

3-9W-0-123-19

ASK ABOUT THIS PROPERTY

Jacob StrahlerSands Investment GroupMore Info
305-697-3197

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

Jacob StrahlerSands Investment GroupMore Info
305-697-3197

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