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    Metairie, LA
    Drug Store

    Metairie, LA Drug Stores for Sale

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    Jefferson, LA Shreveport, LA Lafitte, LA Westwego, LA Kenner, LA
    NNN Specialty Pharmacy Property
    Updated: Jun 10
    NNN Specialty Pharmacy Property

    3044 Ridgelake Dr, Metairie, LA 70002

    $1,650,000
    6,468 sqft 0.33 AC lot
    6,468 SF commercial building on 14,400 SF of land
    NNN lease structure with 6.1% cap rate for Years 1‑3
    Cap rate increases to 6.22% in Year 4 and 6.34% in Year 5
    Occupied by Genefic Specialty Pharmacy since October 2020
    Specialty improvements support pharmacy and infusion operations
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    This listing looks promising.

    Here's a quick look at some key insights for

    3044 Ridgelake Dr, Metairie, LA 70002

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    • Est. Cap Rate

      5.8%
      NOI ÷ price

    • Est. NOI

      $95K
      Annual

    • Price @ 7% Cap

      $1.36M
      Suggested
    View Property Analytics
    NNN Retail Ground Lease Portfolio
    Updated: Jun 8
    NNN Retail Ground Lease Portfolio

    4601 Veterans Blvd, Metairie, LA 70006

    Contact for pricing
    30,000 sqft
    4‑property fully leased NNN retail ground lease portfolio in Metairie, LA
    Tenants include Circle K, Walgreens, Carrabba's Italian Grill, and Taco Bell
    Strategically located on Veterans Memorial Boulevard near Clearview Mall, Target, and AMC Theatres
    Total asking price $18,428,219 with total annual NOI of $981,644 (includes 2 exercised options to extend)
    ~5.3% blended cap rate reported for the portfolio
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Metairie, LA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Retail Building with Drive-Thru
    Freestanding Retail Building with Drive-Thru

    9006 Greenwell Springs Rd, Baton Rouge, LA 70814

    $1,650,000
    14,548 sqft 1.50 AC lot

    Freestanding retail building with drive-thru and ample parking, positioned on a corner with strong recorded traffic exposure.

    View details
    Drug Store with Absolute NNN Lease
    Drug Store with Absolute NNN Lease

    4400 S Claiborne Ave, New Orleans, LA 70125

    Contact for pricing

    Walgreens has operated at the site since 2000 under a long-term lease with multiple extension options.

    View details
    CVS Pharmacy Drug Store
    CVS Pharmacy Drug Store

    1801 Jefferson Hwy, New Orleans, LA 70121

    Contact for pricing

    True triple-net lease structure assigns zero landlord responsibilities during the remaining lease term.

    View details
    Baton Rouge Walgreens NNN Lease
    Baton Rouge Walgreens NNN Lease

    11297 Florida Blvd, Baton Rouge, LA 70815

    Contact for pricing
    13,620 sqft

    NNN leased Walgreens in Baton Rouge with long operating history.

    View details

    Off-Market Properties in Metairie, LA

    Consider similar Off-Market properties in Metairie, LA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2105 Cleary Ave
    Individual retail properties

    2105 Cleary Ave, Metairie, LA 70001

    Value Estimation by Request
    13,225 sqft 1.19 AC lot
    View details

    Metairie, LA Drug Stores Market Trends and Statistics

    Explore 3 drug stores for sale in Metairie, LA on our real estate platform. These investment opportunities span a total of 36,468 square feet of properties for sale, with an estimated market value of $1,650,000.

    Sale prices for pharmacies in Metairie, LA average $1,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 33
    Shopping centers 21
    Showrooms 4
    Auto shops 3
    Automotive properties 3

    Demographics Overview

    Population 137K
    Population Growth (5Y) -3.9%
    Median Household Income $74,399
    College Educated 24.0%

    High-Yield Neighborhoods for Investment

    Identify Metairie submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    70002 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 13.11%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Jefferson Parish

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Jefferson Parish

    Retail

    Office

    Residential Income

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    Most Searched ZIP Codes in Metairie, LA

    • 70002
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    Featured Metairie Real Estate Agencies

    Realmo connects you with licensed Metairie CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Realty 455-0100
    3500 N. Causeway Blvd., Suite 350 Metairie, LA 70002
    Phone: 15046698822
    kwmetairie.com

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