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NNN-Leased Retail Investment
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533 N Carrollton Ave, New Orleans, LA 70119

Single-tenant NNN retail investment leased to Mattress Firm, Inc. under a corporate lease.

Property SizeContact for details
Days on Market119

Property Features for 533 N Carrollton Ave

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 6.64%

Building Details

Tenancy Single
Listing Agency: Talbot Realty Group
Listed By: Bobby Talbot · License #LA 0000006978
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 5:49PM

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 Talbot Realty Group

Investment Insights

Based on property information with market context.

This offering is a NNN-leased, single-tenant retail investment with a corporate lease to Mattress Firm, Inc. The property is positioned as a dedicated, tenant-specific asset structured under an NNN framework.

The address is 533 N Carrollton Ave in New Orleans, LA 70119, located in a historic Mid-City neighborhood. It is being offered for sale.

Key Highlights

  • NNN‑leased, single‑tenant retail investment
  • Corporate lease with Mattress Firm, Inc.
  • Asking cap rate: 6.64%

Property Analytics

Current Use

Mattress Firm Carrollton ... Furniture & Home Goods

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Electrical Service Wine and Liquor Store Butcher

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,911
Businesses Nearby
243k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 40% Dining 21% Shops & Services 15% Apparel 12%
Rouses Market Groceries
53,082 visits/mo 0.1 miles
Winn-Dixie Groceries
44,604 visits/mo 0.2 miles
Marshalls Apparel
28,965 visits/mo 0.1 miles
Capital One Bank Shops & Services
15,621 visits/mo 0.3 miles
Office Depot Office Supplies
11,757 visits/mo 0.2 miles

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
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
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant NNN retail investment leased to Mattress Firm, Inc. under a corporate lease.
Where is this nnn property located?
The property is located at 533 N Carrollton Ave New Orleans, LA.
What are key features of this property?
This property features: NNN‑leased, single‑tenant retail investment; Corporate lease with Mattress Firm, Inc.; Asking cap rate: 6.64%
(504) 237-1266 Call to check price and availability
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