5003-5011 Lapalco Blvd Marrero, LA 70072
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.