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    2240 Veterans Blvd Kenner, LA 70062

    For Sale
    $5,550,000

    High-Traffic Retail Center, Excellent ROI

    Property size:
    7,440 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 7,440 square foot commercial property, located at 2240 Veterans Boulevard in Kenner, Louisiana, presents a compelling investment opportunity. Situated on a prime corner lot at the intersection of Veterans and Williams Boulevards, this center benefits from exceptionally high traffic volume, boasting a combined daily count of 70,000 vehicles. Its strategic location adjacent to a newly opened Chick-fil-A further enhances its visibility and accessibility. The property is ideally positioned within a densely populated area, serving a market of 123,792 people within a 3-mile radius. The building itself is characterized by high-quality construction and houses a strong tenant roster, including established and creditworthy businesses such as Firehouse Subs, AT&T, and Aspen Dental. This mix of tenants provides a stable and predictable income stream, making this an attractive option for investors seeking a low-maintenance, passive income generating asset. The property's location near the New Orleans International Airport adds to its appeal, providing further potential for growth and increased foot traffic. This turnkey investment offers a rare opportunity to acquire a well-established, high-performing commercial property in a thriving market. The asking price is $5,550,000.

    Property Features for 2240 Veterans Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,440 SF

    Building Details

    Year Built
    2017
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kenner
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.23722
    Latitude
    30.00718

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    FAQs

    What type of property is this?
    Commercial real estate - High-Traffic Retail Center, Excellent ROI
    Where is this commercial real estate located?
    The property is located at 2240 Veterans Blvd Kenner, LA.
    What is the asking price?
    The asking price for this property is $5,550,000.
    (228) 276-2700
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    2240 Veterans Blvd Kenner, LA 70062
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    Kenner, LA 70062
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2240 Veterans Blvd Kenner, LA 70062
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