Urban Infill Power
For Sale
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2900 S Claiborne Ave, New Orleans, LA 70115
Fully leased retail center with four investment properties and a tenant roster that includes nationally recognized brands.
Property Size115,250 SF
Days on Market144
Property Features for 2900 S Claiborne Ave
General Information
Standard status
Active
Size
115,250 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Corner Location
Yes
Building Details
Tenancy
Multi
Listing Agency:
Stirling Properties Baton Rouge
(225) 445-6434
Listed By:
Justin Langlois, CCIM, SIOR · License #LA 99562430
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 3:35PM
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 Properties Baton Rouge
Investment Insights
Based on property information with market context.
This 115,250-square-foot power center comprises four separate investment properties and remains fully leased across thirteen tenants. The retail lineup includes T.J.Maxx, Ross Dress For Less, Michaels, ULTA, Five Below, PetSmart, Capital One, T-Mobile, and Raising Cane’s. The development was completed as an urban infill project in 2015 and was fully pre-leased before construction began.
Magnolia Marketplace occupies the intersection of South Claiborne Avenue and Toledano Street in New Orleans’ Central City neighborhood. The center provides retail goods and services to the surrounding area, including neighboring Harmony Oaks, and supports more than 200 permanent jobs. The properties may be acquired together or individually.
Magnolia Marketplace occupies the intersection of South Claiborne Avenue and Toledano Street in New Orleans’ Central City neighborhood. The center provides retail goods and services to the surrounding area, including neighboring Harmony Oaks, and supports more than 200 permanent jobs. The properties may be acquired together or individually.
Key Highlights
- 115,250‑square‑foot power center completed in 2015
- 100% leased to 13 tenants
- Four separate investment properties offered as a package or individually
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,798
Businesses Nearby
303k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 39%
Apparel 17%
Electronics 4%
Five Below
Shops & Services
31,545 visits/mo
0.1 miles
Michaels
Shops & Services
27,590 visits/mo
0.1 miles
Ross Dress for Less
Apparel
26,519 visits/mo
0.2 miles
McDonald's
Dining
22,071 visits/mo
0.1 miles
Raising Cane's Chicken Fingers
Dining
22,034 visits/mo
0.1 miles
Demographics for 70115, LA
31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value
Market
Vacancy Rate% for Retail in New Orleans, LA
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Similar Off Market Nearby
- Magnolia Marketplace — S Claiborne Ave &, Toledano St, New Orleans, LA 70125
- Margolia Maketplace — 2700 S Claiborne Ave, New Orleans, LA 70125
Frequently Asked Questions
What type of property is this?
Shopping center - Fully leased retail center with four investment properties and a tenant roster that includes nationally recognized brands.
Where is this shopping center located?
The property is located at 2900 S Claiborne Ave New Orleans, LA.
What are key features of this property?
This property features: 115,250‑square‑foot power center completed in 2015; 100% leased to 13 tenants; Four separate investment properties offered as a package or individually
