500 VINTAGE Drive Kenner, LA 70065
Renovated neighborhood shopping center offers flexible Suite B space with strong existing retail tenant mix.
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
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Investment Insights
Based on property information with market context.
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 |