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

    6240 Lapalco Blvd Marrero, LA 70072

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,065,700

    NNN retail property with a long-term lease and rental increases.

    Property size:
    1,703 SF
    Lot size:
    0.52 Acres

    Property Features for 6240 Lapalco Blvd

    General Information

    Size
    1,703 SF
    Lot size
    0.52 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

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

    Overview

    NNN Retail Property For Sale

    This retail property is available for sale and is subject to an absolute triple-net (NNN) lease, meaning zero landlord responsibilities and a truly passive income stream. The property is subject to a brand new twenty-year lease with approximately 19.6 years remaining and four, five-year options. The lease features flat rent until July 2030, followed by annual rental increases of three percent (3.00%), offering a potential hedge against inflation. The property is located at 6240 Lapalco Blvd, Marrero, LA and has a property size of 1703 square feet.
    Location Intelligence

    Current Use by Public Records

    New Orleans Original ... Cocktail Bar

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Marrero
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.115695
    Latitude
    29.875779

    Nearby Similar for Sale

    • $350,000
      2,713 SF

      Marrero Investment Opportunity: Multifamily Potential

      Multifamily property with single-family home and duplex on corner lot.
      530 Urbandale St, Marrero, LA 70072
      View Details
    • $280,000
      3,171 SF

      Turnkey Daycare Facility in Marrero

      Fully equipped and licensed daycare facility ready for immediate operation.
      2708 Amigo St, Marrero, LA 70072
      View Details
    • $410,000
      4,811 SF

      Versatile Marrero Mixed-Use Building

      Two-story building with offices, workspaces, and ample parking.
      605 Barataria Blvd, Marrero, LA 70072
      View Details
    • $2,092,000
      2,146 SF

      Marrero Drive-Thru Restaurant Investment

      NNN leased Dairy Queen with drive-thru in Marrero, LA.
      1636 Barataria Blvd, Marrero, LA 70072
      View Details
    • Contact for pricing
      8,400 SF

      Marrero Open Air Barn Venue

      8,400 SF open air barn and dance venue for sale.
      7145 Barataria Blvd, Marrero, LA 70072
      View Details
    • $2,700,000
      19,800 SF

      Marrero Retail Strip Center Investment

      Multi-tenant retail center on Barataria Blvd in Marrero, Louisiana.
      2201 Barataria Blvd, Marrero, LA 70072
      View Details

    FAQs

    What type of property is this?
    Retail space - NNN retail property with a long-term lease and rental increases.
    Where is this retail space located?
    The property is located at 6240 Lapalco Blvd Marrero, LA.
    What is the asking price?
    The asking price for this property is $1,065,700.
    What are key features of this property?
    This property features: - Absolute triple-net (NNN) lease with zero landlord responsibilities.; - Brand new twenty (20)-year lease, with approximately 19.6 years remaining.; - Four (4), five (5)-year options available.
    (332) 345-2408
    Request Owner's contact information
    6240 Lapalco Blvd Marrero, LA 70072
    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.
    6240 Lapalco Blvd
    Marrero, LA 70072
    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
    6240 Lapalco Blvd Marrero, LA 70072
    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.