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    6750 Franklin Ave New Orleans, LA 70122

    Sponsored
    For Lease
    $25 SF/Yr ($4,114 /Mo)

    New Construction, 1975 SF, Prime Location

    Lot size:
    1,975 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,975 square foot retail space represents a unique investment opportunity. Located at 6750 Franklin Avenue, this brand-new, end-cap unit is part of a mixed-use development, offering unparalleled visibility and accessibility. Its strategic placement next to the University of New Orleans and Lakefront Arena ensures a constant flow of foot traffic from both students and the wider community. The property benefits from its position within the only grocery store-anchored shopping center for miles, providing a synergistic retail environment. Rouses Market serves as the anchor tenant, drawing significant customer traffic and creating a vibrant atmosphere. The entire 1,975 square feet is currently vacant, providing a blank canvas for a discerning tenant to customize the space to their specific business needs. This is a rare chance to establish a presence in a high-traffic, well-established commercial area with strong anchor tenancy, offering significant potential for growth and success. The property is classified as retail, with multiple tenancy options available. The building is a new construction, ensuring modern amenities and efficient design. This prime location offers an exceptional opportunity for businesses seeking high visibility and a strong customer base.

    Property Features for 6750 Franklin Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,975 SF
    Total Rate
    4114.58

    Unit(s) available at that property

    Space
    Suite 1
    Size
    1,975 SF
    Rate per SF
    $25

    HighLights

    • 1,975 SF retail space available for lease.
    • New construction retail end‑cap space.
    • Located near the University of New Orleans and Lakefront Arena.
    • Grocery‑anchored shopping center (Rouses Market).
    • 100% vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Extra Space Storage Self-Storage Facility

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0544264
    Latitude
    30.0284214

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    FAQs

    What type of property is this?
    Retail property - New Construction, 1975 SF, Prime Location
    Where is this retail property located?
    The property is located at 6750 Franklin Ave New Orleans, LA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 1,975 SF retail space available for lease.; New construction retail end-cap space.; Located near the University of New Orleans and Lakefront Arena.
    Request Owner's contact information
    6750 Franklin Ave New Orleans, LA 70122
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    New Orleans, LA 70122
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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
    6750 Franklin Ave New Orleans, LA 70122
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