Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4600-4610 Chef Menteur Hwy New Orleans, LA 70126

    For Sale
    Contact for pricing

    Fully leased retail building with development potential in New Orleans.

    Lot size:
    5.12 Acres

    Property Features for 4600-4610 Chef Menteur Hwy

    General Information

    Lot size
    5.12 Acres

    Source: Stirling | Baton Rouge Agent Ben Graham, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Investment Opportunity

    This commercial property, located at 4600 & 4610 Chef Menteur Highway and 4300 Desire Parkway in New Orleans, Louisiana, features a fully leased retail building and an adjacent parking lot with development potential. The site encompasses approximately 5.116 acres, including Lot 7A-1, 7A-2, and the parcel at 4300 Desire Parkway. The retail building, constructed in 2000 and renovated in 2024, offers approximately 60,000 square feet of space. It is 100% leased to AutoZone, which occupies 37,936 SF under a NNN lease expiring April 2038, and Harbor Freight Tools, which signed a 10-year NNN lease effective July 2024. Both tenants are current on rent through December 2024. A paved parking area of approximately 1.379 acres at 4300 Desire Parkway presents a value-add opportunity. The property benefits from its location in New Orleans’ Gentilly neighborhood, approximately 4 miles from the Central Business District and 2 miles from Lake Pontchartrain, with excellent visibility from Interstate-10 at the intersection of Chef Menteur Highway and Desire Parkway, which sees over 25,000 vehicles per day. The projected 2025 NOI is $426,974.76, based on NNN lease structures.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    Walmart Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0348892
    Latitude
    30.0052609

    Nearby Similar for Sale

    • $599,900
      2,944 SF

      Bywater Duplex on Oversized Lot

      Classic New Orleans duplex with modern updates and strong rental potential.
      1021 Poland Ave, New Orleans, LA 70117
      View Details
    • $2,340,000
      6,069 SF

      French Quarter Income Property

      Historic French Quarter multi-family property with seven income-producing units.
      1309 Dauphine St, New Orleans, LA 70116
      View Details
    • $3,270,000
      10,242 SF

      Irish Channel Oasis Portfolio

      Turnkey investment property with resort-style amenities in vibrant New Orleans.
      917-925 Washington Ave, New Orleans, LA 70130
      View Details
    • $3,270,000
      10,242 SF

      Irish Channel Oasis Portfolio

      Turnkey investment property with resort-style amenities in vibrant New Orleans.
      917-925 Washington Ave, New Orleans, LA 70130
      View Details
    • $1,599,000
      3,023 SF

      Elegant Lower Garden District Duplex

      Charming New Orleans duplex with modern amenities and city views.
      1113 Thalia St, New Orleans, LA 70130
      View Details
    • $649,900
      2,233 SF

      Historic Marigny Corner Grocery Home

      Charming New Orleans home, potential duplex in walkable location.
      2632-34 Dauphine St, New Orleans, LA 70117
      View Details

    FAQs

    What type of property is this?
    Shopping center - Fully leased retail building with development potential in New Orleans.
    Where is this shopping center located?
    The property is located at 4600-4610 Chef Menteur Hwy New Orleans, LA.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: - Prime 5.116-acre commercial property in New Orleans with a fully leased retail building and development potential.; - **100% leased to AutoZone and Harbor Freight Tools**, both national credit tenants, providing stable cash flow.; - Projected 2025 NOI of $426,974.76 based on NNN lease structures.
    (225) 802-6619
    Request Owner's contact information
    4600-4610 Chef Menteur Hwy New Orleans, LA 70126
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4600-4610 Chef Menteur Hwy
    New Orleans, LA 70126
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4600-4610 Chef Menteur Hwy New Orleans, LA 70126
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.