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NNN Retail Property with Washeteria
For Sale
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4500 Old Gentilly Rd, New Orleans, LA 70126

Tenanted retail investment with NNN leases and an operating washeteria business included.

Property SizeContact for details
Days on Market143

Property Features for 4500 Old Gentilly Rd

General Information

Standard status Active
Property subtype Retail, Business for Sale

Additional Details

Business Included Yes
Highway Access Yes

Building Details

Year Built 2017
Tenancy Multi
Listing Agency: Ben + Burka Commercial Real Estate
Listed By: Aaron Kazanoff · License #LA 0995700882
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 11:03PM

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 Ben + Burka Commercial Real Estate

Investment Insights

Based on property information with market context.

Developed in 2017, this tenanted retail property combines NNN-leased space with an operating washeteria business. The existing occupancy includes Metro PCS and Pee Wee Crab Cakes under NNN lease arrangements, while the washeteria has operated at the property since 2017. The sale includes the business, with inventory and profit-and-loss statements available upon request.

The property is located at 4500 Old Gentilly Road in New Orleans, with access to both I-10 and I-610. National retailers, restaurants, hotels, and other commercial establishments are located nearby. Ownership is willing to remain on site for several months to support the business transition.

Key Highlights

  • NNN‑leased retail property developed in 2017
  • Operating washeteria business included in the sale
  • Metro PCS and Pee Wee Crab Cakes occupy the property under NNN leases

Property Analytics

Current Use

Peewee's Crabcakes Restaurant Metro by T-Mobile Mobile Phone Store Laundromat Zone (Bike/Boat/Book/etc) Store NOLA SMOKE & VAPE ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

436
Businesses Nearby
288k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Superstores 27% Apparel 10% Shops & Services 9%
Walmart Superstores
77,578 visits/mo 0.2 miles
McDonald's Dining
32,505 visits/mo 0.2 miles
Raising Cane's Chicken Fingers Dining
27,848 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
14,432 visits/mo 0.2 miles
Church's Chicken Dining
13,660 visits/mo 0.3 miles

Demographics for 70126, LA

30,397
Population
12,686
Households
2.4
Avg Household Size
33
Median Age
24%
College-Educated
87%
High-School Grad
12.1 sq mi
ZIP Area
2,512
Density / Sq Mi
$38,229
Median Household Income
$29,510
Median Earnings
$1,118
Median Rent
$187,300
Median Home Value

Market

Vacancy Rate% for Retail in New Orleans, LA

5.5% 2019
7.2% 2020
5.7% 2021
4.3% 2022
3.6% 2023
3.9% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Tenanted retail investment with NNN leases and an operating washeteria business included.
Where is this nnn property located?
The property is located at 4500 Old Gentilly Rd New Orleans, LA.
What are key features of this property?
This property features: NNN‑leased retail property developed in 2017; Operating washeteria business included in the sale; Metro PCS and Pee Wee Crab Cakes occupy the property under NNN leases
(504) 301-1002 Call to check price and availability
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