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    7401 Read Blvd New Orleans, LA 70127

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    For Lease
    $8 SF/Yr ($9,849 /Mo)

    Freestanding retail building with ample parking and convenient accessibility.

    Property size:
    13,905 SF
    Lot size:
    1.79 Acres

    Property Features for 7401 Read Blvd

    General Information

    Size
    13,905 SF
    Lot size
    1.79 Acres

    Source: SRS Real Estate Partners - Corporate Agent Macon McColm

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

    Overview

    Freestanding Retail Building For Lease

    This freestanding retail building offers 13,905 square feet of space. The property is zoned S-B2 (Suburban Pedestrian-Oriented Corridor Business District). It features ample parking and easy access to major roads and highways, including Interstate 10. Public transportation is readily available with multiple bus routes serving the area, benefiting both customers and employees. Nearby retailers include O'Reilly Auto Parts, Family Dollar, McDonald's, Furniture Mart, and Goodwill. Please note that all offers are subject to Walgreens Real Estate Committee approval.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Drug Store FedEx OnSite Mailing Service Walgreens Photo Passport Photo Processor Billy Tran Pharmacy Western Union Money Transfer Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -89.9797794
    Latitude
    30.0439294

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    FAQs

    What type of property is this?
    Retail space - Freestanding retail building with ample parking and convenient accessibility.
    Where is this retail space located?
    The property is located at 7401 Read Blvd New Orleans, LA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: - Freestanding retail building with ample parking.; - Easy access to major roads and highways including Interstate 10.; - S-B2 zoning allows for a variety of uses.
    (214) 560-3298
    Request Owner's contact information
    7401 Read Blvd New Orleans, LA 70127
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    New Orleans, LA 70127
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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
    7401 Read Blvd New Orleans, LA 70127
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