4600-4610 Chef Menteur Highway New Orleans, LA
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Fully leased retail building with development potential in New Orleans.
Type:RETAIL
Lot size:
5.12 Acres- Added:
- May 9, 2025
- Days on Market:
- 349
- Last Refresh:
- Apr 5 at 10:20 pm
Property Features for 4600-4610 Chef Menteur Highway
General Information
- Standard status
- Active
- Lot size
- 5.12 Acres
- Property subtype
- RETAIL
Listing agent Ben Graham, CCIM (225) 802-6619
Listing office Stirling | Baton Rouge (225) 802-6619
Listing date May 9, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Stirling | Baton Rouge
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
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0349
- Latitude
- 30.0053
Nearby Similar for Sale
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 Highway New Orleans, LA.
What is the asking price?
The asking price for this property is Off market.
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.
