Retail Space, Unit
For Sale
Contact for pricing
7420 W Judge Perez Drive B, Arabi, LA 70032
Flexible commercial suite dating to 2009.
Property Size1,000 SF
Price / SF$0.85
Days on Market49
Property Features for 7420 W Judge Perez Drive B
General Information
Standard status
Active
Size
1,000 SF
Building Details
Year Built
2009
Listing Agency:
Borrouso Realty
Listed By:
William Borrouso
(504) 228-4601
Source:
Dominionplace
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 7 at 3:18PM
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 Borrouso Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit B at 7420 W Judge Perez Drive is a retail space measuring 1,000 square feet. The property was built in 2009 and is located in Arabi, Louisiana 70032.
The suite is offered for sale as a commercial retail asset. Its identified unit configuration and established construction date provide the core physical details for evaluating the property.
The suite is offered for sale as a commercial retail asset. Its identified unit configuration and established construction date provide the core physical details for evaluating the property.
Key Highlights
- 1,000‑square‑foot retail space
- Unit B configuration
- Built in 2009
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,805
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,100
$316.1K
Cap Rate 7%
$225,786
$225.8K
Cap Rate 9%
$175,611
$175.6K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$23.0K $23.04/SF
− Vacancy
−$461 −$0.46/SF
EGI
$22.6K $22.58/SF
− OpEx
−$6.8K −$6.77/SF
NOI
$15.8K $15.81/SF
Area
St. Bernard County, LA
Vacancy
2.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,100
Cap Rate 7%
$225,786
Cap Rate 9%
$175,611
Alternative Uses
Best Use
Retail
$225.8K
$197.6K – $263.4K
NOI $15,805 @ 7.0% cap · market cap 1,859.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$263.8K
$230.9K – $307.8K
NOI $18,468 @ 7.0% cap · market cap 2,172.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
517
Businesses Nearby
79k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 42%
Electronics 3%
Hotels & Casinos 2%
Raising Cane's Chicken Fingers
Dining
27,993 visits/mo
0.5 miles
Murphy USA
Shops & Services
18,342 visits/mo
0.4 miles
Dollar General
Shops & Services
9,991 visits/mo
0.5 miles
Chevron
Shops & Services
6,146 visits/mo
0.2 miles
Citgo
Shops & Services
5,434 visits/mo
0.0 miles
Demographics for 70032, LA
4,533
Population
2,160
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
2,267
Density / Sq Mi
$52,500
Median Household Income
$45,463
Median Earnings
$998
Median Rent
$212,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial suite dating to 2009.
Where is this retail space located?
The property is located at 7420 W Judge Perez Drive B Arabi, LA.
What are key features of this property?
This property features: 1,000‑square‑foot retail space; Unit B configuration; Built in 2009
