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Shopping Center with Flexible Suites
For Lease
$5.50 SF/Yr

7040-7094 Read Blvd, New Orleans, LA 70127

C-3-zoned retail center with space on two levels and on-site parking.

Space Size1,500 SF - 4,500 SF
Days on Market207

Property Features for 7040-7094 Read Blvd

General Information

Standard status Active
Size 1,500 SF - 4,500 SF
Net Rentable 1,500 SF
Property subtype Retail
Zoning C-3
Lease Type NNN

Site & Location

Pylon Signage Yes
Anchor Co-Tenants Hair Kingdom and Beauty, Glam Squad, Relentless Nutrition, Art in Motion Dance Academy, Blink Eyelash/Eyebrow Studio, Winn Photography Studios
Highway Access Yes

Additional Details

Available Space 1,500-4,500 SF

Building Details

Tenancy Multiple Tenants

Spaces For Lease

at 7040-7094 Read Blvd Contact us

Available Space $7.50/Mo

Contact us

Available Space $5.50/Mo

Contact us
Listing Agency: Stirling New Orleans
Listed By: Lauren Ryan · License #0995687525
Source: Lacdb.resimplifi
Added: Feb 3 Changed: Aug 29 Last Checked: Aug 29 at 9:03AM

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 New Orleans

Investment Insights

Based on property information with market context.

Read Row Shopping Center is a 57,034-square-foot retail property with suites ranging from 1,500 to 4,500 SF across the first and second floors of the rear building. The center is anchored by Hair Kingdom and Beauty and includes a drive-through VIP Cleaners on an outparcel. Available space is supported by on-site parking and a pylon sign along Read Blvd.

The property is located at 7040-7094 Read Blvd in New Orleans, one block from the northwest intersection of I-10 and Read Blvd. The surrounding trade area includes Little Woods and other nearby neighborhoods. Existing rear-building occupants include Glam Squad, Relentless Nutrition, Art in Motion Dance Academy, Blink Eyelash/Eyebrow Studio, and Winn Photography Studios.

Key Highlights

  • 57,034‑square‑foot shopping center with suites from 1,500 to 4,500 SF
  • C‑3 zoning with retail suites on the first and second floors
  • Hair Kingdom and Beauty serves as the center’s anchor

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Dental Office HVAC Service Parking Lot & Garage

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$0.83 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

737
Businesses Nearby
126k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 63% Shops & Services 35% Hotels & Casinos 2%
McDonald's Dining
30,876 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
19,559 visits/mo 0.3 miles
Family Dollar Shops & Services
15,037 visits/mo 0.2 miles
Wendy's Dining
14,560 visits/mo 0.5 miles
Shell Shops & Services
11,247 visits/mo 0.3 miles

Demographics for 70127, LA

24,332
Population
10,719
Households
2.3
Avg Household Size
35
Median Age
25%
College-Educated
86%
High-School Grad
5.5 sq mi
ZIP Area
4,424
Density / Sq Mi
$41,548
Median Household Income
$30,817
Median Earnings
$1,060
Median Rent
$191,200
Median Home Value

Market

Lease Benchmarks for New Orleans, LA

$23.44 /SF/Yr
Avg Asking Price
$14.18–$32 /SF/Yr
Price Range
44,021 SF
Avg Space Size

This space is priced 77% below the average of $23.44 /SF/Yr.

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Read Plaza Shopping Center New Orleans, LA 70127

Frequently Asked Questions

What type of property is this?
Shopping center - C-3-zoned retail center with space on two levels and on-site parking.
Where is this shopping center located?
The property is located at 7040-7094 Read Blvd New Orleans, LA.
What is the lease rate?
The lease rate is $5.50 SF/Yr.
What are key features of this property?
This property features: 57,034‑square‑foot shopping center with suites from 1,500 to 4,500 SF; C‑3 zoning with retail suites on the first and second floors; Hair Kingdom and Beauty serves as the center’s anchor
More about this property
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