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Strip Mall With End-Cap Space
For Lease
$5.50 SF/Yr

7070 Read Blvd, New Orleans, LA 70127

The center includes first-floor retail and second-floor office and light retail space with glass storefronts.

Space Size1,500 SF - 4,500 SF
Lot Size2.53 Acres
Days on Market4899

Property Features for 7070 Read Blvd

General Information

Standard status Active
Size 1,500 SF - 4,500 SF
Net Rentable 1,500 SF
Lot size 2.53 Acres
Property subtype Retail
Zoning C-3
Lease Type NNN

Space & Availability

Available Space 1,500-4,500 SF
Contiguous Space 3,000 SF
Floor 2
Space Use Office

Site & Location

Corner Location Yes
Pylon Signage Yes
Anchor Co-Tenants Orleans Furniture
Highway Access Yes

Amenities

glass storefronts
pylon signage

Building Details

Tenancy Multi

Spaces For Lease

at 7070 Read Blvd Contact us

Available Space $5.50/Mo

Contact us

Available Space $7.50/Mo

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Listing Agency: PMG Leasing, LLC
Listed By: Jason Steiner
Source: Lacdb.resimplifi
Added: Apr 3, 2013 Changed: Aug 30 Last Checked: Aug 30 at 8:07PM

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 PMG Leasing, LLC

Investment Insights

Based on property information with market context.

This C-3-zoned strip mall offers multiple commercial configurations across two levels. First-floor spaces begin at 1,500 sq. ft., including a 3,000 sq. ft. end-cap currently available. The second floor provides office and light-retail space ranging from 1,500 to 4,500 sq. ft. Glass storefronts, on-site parking, and available pylon signage support tenant visibility and customer access.

The property is at 7070 Read Blvd in eastern New Orleans, positioned at the corner of Andover Street and approximately one block from I-10. Orleans Furniture anchors the center, providing an established retail presence within the project. Canopy signage may also be available for occupants.

Key Highlights

  • 3,000 sq. ft. end‑cap currently available on the first floor
  • First‑floor retail spaces from 1,500 sq. ft.
  • Second‑floor office and light retail spaces from 1,500 - 4,500 sq. ft.

Property Analytics

Current Use

Strip malls

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

Multi-tenant
Tenancy
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

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

$13.78 /SF/Yr
Avg Asking Price
$5.5–$20 /SF/Yr
Price Range
13,977 SF
Avg Space Size

This space is priced 60% below the average of $13.78 /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
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Frequently Asked Questions

What type of property is this?
Strip mall - The center includes first-floor retail and second-floor office and light retail space with glass storefronts.
Where is this strip mall located?
The property is located at 7070 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: 3,000 sq. ft. end‑cap currently available on the first floor; First‑floor retail spaces from 1,500 sq. ft.; Second‑floor office and light retail spaces from 1,500 - 4,500 sq. ft.
More about this property
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