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    3701 General Degaulle Dr New Orleans, LA 70114

    For Lease
    $11 SF/Yr

    137,110 SF Retail Space Available

    Lot size:
    137,110 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Azalea Plaza presents a unique investment opportunity in Algiers, a vibrant West Bank neighborhood of New Orleans. This two-story, 137,110 square foot retail center offers multiple tenancy options, with spaces ranging from a minimum of 1,547 square feet to a maximum contiguous space of 107,904 square feet. The property boasts nine total suites, currently all vacant, and sits on a substantial 175,993 square foot lot. Strategically located on a busy commercial corridor with easy access to major thoroughfares like General De Gaulle Drive and US 90, Azalea Plaza benefits from high visibility and excellent accessibility. The center features ample surface parking and wet sprinklers. Its prime location near banks, shops, and residential areas ensures a strong customer base. The open-air design and pylon signage at a busy intersection provide exceptional marketing opportunities. Ideal for a variety of commercial uses, including restaurants, retail stores, and office spaces, Azalea Plaza offers a compelling opportunity to establish a thriving business in a dynamic and growing market. The property's versatile layout and prominent location make it an attractive option for both single and multi-tenant occupancy. The Orleans Parish location, within the West Bank submarket cluster, provides convenient access to both sides of the Mississippi River via nearby bridges.

    Property Features for 3701 General Degaulle Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    137,110 SF
    Total Rate
    125684.17

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    225
    Size
    320 SF
    Rate per SF
    $11
    Space
    201
    Size
    2,425 SF
    Rate per SF
    $11
    Space
    207
    Size
    1,830 SF
    Rate per SF
    $11
    Space
    221
    Size
    3,668 SF
    Rate per SF
    $11
    Space
    209
    Size
    3,905 SF
    Rate per SF
    $11
    Space
    217
    Size
    445 SF
    Rate per SF
    $11
    Space
    205
    Size
    1,320 SF
    Rate per SF
    $11
    Space
    223
    Size
    458 SF
    Rate per SF
    $11
    Space
    3765
    Size
    6,083 SF
    Rate per SF
    $12
    Space
    203
    Size
    1,547 SF
    Rate per SF
    $11
    Space
    226
    Size
    605 SF
    Rate per SF
    $11
    Space
    108
    Size
    1,880 SF
    Rate per SF
    $12

    HighLights

    • 137,110 SF retail center in Algiers, LA, on the West Bank.
    • Multiple suites available, ranging from 1,547 SF to a maximum contiguous 107,904 SF.
    • Entire 137,110 SF building is currently vacant.
    • Located on a major thoroughfare with high visibility and pylon signage.
    • Ample surface parking and wet sprinklers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Total By Verizon Cell Phone Store Buddy V's Cake ... Delivery Restaurant Azalea Plaza Shopping Mall Chuck E. Cheese Pizza Restaurant Mardi Gras Squad ... Women'S Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.0194209
    Latitude
    29.9229587

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    FAQs

    What type of property is this?
    Retail property - 137,110 SF Retail Space Available
    Where is this retail property located?
    The property is located at 3701 General Degaulle Dr New Orleans, LA.
    What is the lease rate?
    The lease rate is $11-$12 SF/Yr.
    What are key features of this property?
    This property features: 137,110 SF retail center in Algiers, LA, on the West Bank.; Multiple suites available, ranging from 1,547 SF to a maximum contiguous 107,904 SF.; Entire 137,110 SF building is currently vacant.
    Request Owner's contact information
    3701 General Degaulle Dr New Orleans, LA 70114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3701 General Degaulle Dr New Orleans, LA 70114
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