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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5003-5011 Lapalco Blvd Marrero, LA 70072

50,870 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity in Marrero, Louisiana, offers two spaces totaling 46,819 square feet within the Barataria Bazaar Shopping Center. The highly visible end-cap space, formerly a Save-A-Lot, offers approximately 15,000 square feet and presents potential for drive-thru capabilities. An adjacent inline space, currently occupied by Big Lots, comprises approximately 31,819 square feet and will soon be available. Both spaces can be combined for a total of 46,819 square feet. Located at the intersection of Barataria Boulevard and Lapalco Boulevard, this property benefits from high traffic counts exceeding 20,000 vehicles per day, connecting residential areas with commercial hubs. The 5.56-acre site provides ample parking and nearly 400 feet of frontage on Lapalco Boulevard. The center boasts strong co-tenancy with established businesses such as Papa John's Pizza, Baskin-Robbins, and Subway, generating an average of 20,000 monthly visits. The property is zoned for Mixed Use Corridor District (MUCD) and is situated in the Outer Jefferson Parish submarket. Nearby amenities include Walmart, Home Depot, Walgreens, CVS, and numerous restaurants, further enhancing its desirability. The property is suitable for various uses, including retail, office, and medical office, making it an ideal investment opportunity. The building has a total of 50,870 square feet and is comprised of two suites.

Property profile
Verified
Property type Retail properties & Spaces
Total area 50,870 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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