7801-7945 Airline Dr - Storefront FOR SALE


Metairie, LA 70003
$12,223,535 USD
713-577-1640
7801-7945 Airline Dr, Metairie, LA for Sale
$12,223,535 USD
Storefront - FOR SALE
1/6
null | 9.25% Cap Rate

7801-7945 Airline Dr
Metairie, LA 70003


HIGHLIGHTS

  • Well Located in one of New Orlean's Most Established and Desired Neighborhoods, Metairie
  • Positioned Along the Primary Thoroughfare Connecting Downtown New Orleans to Louis Armstrong International Airport
  • Healthy Upside Via Lease-Up of Vacant Office Suites & Mark-to-Market Rent Opportunity
  • Quality Retail Tenant Base
  • Significant Recent Landlord Cap-Ex Ensuring Minimal Deferred Maintenance for New Ownership

OVERVIEW

PRICED TO SELL: Well-Located Shopping Center with Established Tenancy, Direct Airport Traffic Exposure, and Vacancy Upside

FOR SALE DETAILS

PRICE

$12,223,535 USD

PRICE/SF

$117 USD /SF

CAP RATE

9.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

M.A. Green Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

400

LAND DETAILS

LAND ACRES

6.31 AC

LAND SF

274,864 SF

ZONING

C2

APN/PARCEL ID

0910006632

ASK ABOUT THIS PROPERTY

Matthew BerryCBRE, Inc.More Info
713-577-1640

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Matthew BerryCBRE, Inc.More Info
713-577-1640

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