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Neighborhood Retail Suite Opportunity

500 VINTAGE Drive Kenner, LA 70065

500 VINTAGE Drive, Kenner, LA, 70065
$1,699,000
For Sale
Claim this Listing
$1,699,000

Renovated neighborhood shopping center offers flexible Suite B space with strong existing retail tenant mix.

Property Size3,900 SF
Price / SF$435.64
AddedJun 1
Days on Market45
Last RefreshJun 27 at 5:14 am

Property Features for 500 VINTAGE Drive

General Information

Standard status
Active
Size
3,900 SF

Building Details

Year Built
1983

Listing office Jack Stumpf & Associates, Inc.

Listing date Jun 1, 2026

Source Talbot-realty

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 Jack Stumpf & Associates, Inc.


Investment Insights

Based on property information with market context.

This neighborhood shopping center underwent a complete exterior renovation in 2024, bringing updated curb appeal to the property. Suite B is currently occupied and provides flexibility for future use, with approximately 3,900 square feet that can be configured to accommodate as little as 3,200 square feet or expanded to approximately 5,800 square feet, depending on a tenant’s needs.

The center’s current tenant mix includes Flavors Ice Cream, Mawi Tortillas, Studio 2.0 Dance Studio, Nailscape Nail Salon, and Lilly Anne Photography. The property serves a customer base of approximately 17,000 residents within a one-mile radius and more than 45,000 residents within two miles.

For an owner-user, Suite B presents a workable path to establish a business while benefiting from rental income generated by the existing tenants at the center. The ability to right-size the footprint supports a range of neighborhood retail and service concepts within an actively tenanted retail environment.

Key Highlights

  • Neighborhood shopping center built in 1983 with complete exterior renovation in 2024
  • Suite B is approximately 3,900 SF and can be configured from about 3,200 SF up to approximately 5,800 SF
  • Current tenants include Flavors Ice Cream, Mawi Tortillas, Studio 2.0 Dance Studio, Nailscape Nail Salon, and Lilly Anne Photography

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $89.9k $23.04
− Vacancy −$1.8k −$0.46
EGI $88.1k $22.58
− OpEx −$26.4k −$6.77
NOI $61.6k $15.81
3,900 SF · lease $23.04/SF/yr · vacancy 2.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$880.6K
$770.5K – $1.03M (±1% cap)
NOI $61,641 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$900.3K – $1.20M (±1% cap)
NOI $72,025 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flavors Snoballs & Ice ... Bakery Dance Innovation Training Center

Suggested Use

Real Estate Agency Law Firm Restaurant Daycare Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Food Market Auto Repair Shop Big Box & Wholesale Store Barber Shop

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

FAQs

What type of property is this?
Shopping center - Renovated neighborhood shopping center offers flexible Suite B space with strong existing retail tenant mix.
Where is this shopping center located?
The property is located at 500 VINTAGE Drive Kenner, LA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Neighborhood shopping center built in 1983 with complete exterior renovation in 2024; Suite B is approximately 3,900 SF and can be configured from about 3,200 SF up to approximately 5,800 SF; Current tenants include Flavors Ice Cream, Mawi Tortillas, Studio 2.0 Dance Studio, Nailscape Nail Salon, and Lilly Anne Photography
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