4150 General Degaulle Dr New Orleans, LA 70131

This exceptional investment opportunity presents a 14,277 square foot, single-story retail center in New Orleans, Louisiana. Located at 4150 General De Gaulle Drive, this 100% occupied property boasts a strong tenant lineup including Buffalo Wild Wings, Firehouse Subs, Jeff's Haberdashery, and Republic Finance. The property sits on a 1.18-acre lot and features a single building constructed in 1973, renovated in 2014. The property operates under a triple-net (NNN) lease structure, offering a stabilized investment with a current Net Operating Income (NOI) of $325,255 and a compelling 6.75% capitalization rate. The asking price is $4,820,000. Long-term leases are in place, providing significant stability and predictable cash flow. Jeff's Haberdashery recently signed a 10-year lease extension, and Buffalo Wild Wings has 10 years remaining on their lease. The property benefits from its location within a larger shopping plaza, anchored by Winn-Dixie and Burlington, ensuring high traffic and visibility. This prime retail asset is situated near major thoroughfares, just 5 miles from downtown New Orleans, experiencing over 80,000 vehicles passing daily. The property's strong tenant mix, long-term leases, and prime location make it an attractive investment opportunity with significant growth potential. The property's APN is 5-13-8-219-21.