Building Details

Tenancy Multi

Listing Agency: Talbot Realty Group

Listed By: Chris Talbot · License #0000075986 Show Phone

Source: Lacdb.resimplifi

Added: Nov 15, 2025 Changed: Oct 15 Last Checked: Oct 19 at 3:24AM

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Investment Insights

Based on property information with market context.

Value-add multi-tenant retail center with a freestanding restaurant building on approximately one acre along Downman Road. The property includes approximately 13,273 SF across two buildings with multiple suites and ample paved parking.

The center is positioned along a four-lane commercial corridor with strong frontage and visibility. C-1 General Commercial zoning supports flexible use, and the existing restaurant space includes commercial kitchen infrastructure.

Suitable for a range of retail-oriented and service uses, the layout provides multiple suite configurations within two buildings and a dedicated freestanding restaurant component.

Key Highlights

• Value‑add multi‑tenant retail center on approximately 1.00 acre along Downman Road
• Approximately 13,273 SF across two buildings with multiple suites plus a freestanding restaurant building
• Existing restaurant space includes commercial kitchen infrastructure

Property Analytics

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Current Use

Danny's Creole Kitchen Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Dental Office Auto Parts Store

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

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

385

Businesses Nearby

2k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

U-Haul Neighborhood Dealer Shops & Services

1,127 visits/mo 0.1 miles

The UPS Store Shops & Services

1,116 visits/mo 0.1 miles

Demographics for 70126, LA

30,397

Population

12,686

Households

2.4

Avg Household Size

33

Median Age

24%

College-Educated

87%

High-School Grad

12.1 sq mi

ZIP Area

2,512

Density / Sq Mi

$38,229

Median Household Income

$29,510

Median Earnings

$1,118

Median Rent

$187,300

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?

Shopping center - Multi-tenant retail center includes multiple suites and a freestanding restaurant building with commercial kitchen infrastructure.

Where is this shopping center located?

The property is located at 7118 Downman Rd New Orleans, LA.

What is the asking price?

The asking price for this property is $1,495,000.

What are key features of this property?

This property features: Value‑add multi‑tenant retail center on approximately 1.00 acre along Downman Road; Approximately 13,273 SF across two buildings with multiple suites plus a freestanding restaurant building; Existing restaurant space includes commercial kitchen infrastructure