Retail Space for Personal Care
8001 Downman Road A, New Orleans, LA 70126
For Sale
Contact for pricing
A 1980-built retail unit can accommodate either a single operator or booth-based leasing.
Property Size15,000 SF
Price / SF$0.17
Days on Market51
Property Features for 8001 Downman Road A
General Information
Standard status
Size
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
Listed By:
Noah Thomas · License LA #995715515
(504) 889-8988
Source:
Dominionplace
Added: Sep 24
Changed: Nov 9
Last Checked: Nov 12 at 11:09AM
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 KELLER WILLIAMS REALTY 455-0100
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 15,000-square-foot retail space was built in 1980. Its configuration supports use as a barbershop or beauty shop, with the option to lease the full area to one operator or offer booth space individually.
Key Highlights
- 15,000 square feet of retail space
- Built in 1980
- Barbershop or beauty shop use is supported
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$237,082
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,741,640
$4.7M
Cap Rate 7%
$3,386,886
$3.4M
Cap Rate 9%
$2,634,244
$2.6M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$345.6K $23.04/SF
− Vacancy
−$6.9K −$0.46/SF
EGI
$338.7K $22.58/SF
− OpEx
−$101.6K −$6.77/SF
NOI
$237.1K $15.81/SF
Area
ZIP 70126
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%
$4,741,640
Cap Rate 7%
$3,386,886
Cap Rate 9%
$2,634,244
Alternative Uses
Best Use
Retail
$3.39M
$2.96M – $3.95M
NOI $237,082 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.93M
$3.44M – $4.59M
NOI $275,400 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
66
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Gemaire Distributors
Shops & Services
66 visits/mo
0.3 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
$187,300
Median Home Value
Market
Average Price Trend$/SF for Retail space in New Orleans, LA
Properties on Market for Retail space in New Orleans
Vacancy Rate% for Retail in New Orleans, LA
Frequently Asked Questions
What type of property is this?
Retail space - A 1980-built retail unit can accommodate either a single operator or booth-based leasing.
Where is this retail space located?
The property is located at 8001 Downman Road A New Orleans, LA.
What are key features of this property?
This property features: 15,000 square feet of retail space; Built in 1980; Barbershop or beauty shop use is supported
