Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Seq Veterans Blvd & David Dr
- Year built
- 1975
- Property type
- Retail properties & Spaces
Description
Magnolia Shopping Center, located at the southeast quadrant of Veterans Boulevard and David Drive in Metairie, Louisiana (zip code 70003), presents a compelling investment opportunity. This 226,844 square foot retail center, built in 1975, comprises five single-story buildings with a total of six suites. The property boasts 900 parking spaces and is conveniently situated near Lafreniere Park, offering excellent accessibility from I-10 and major Metairie arteries including West Napoleon Avenue and Power Boulevard. The center benefits from a strong tenant mix, including established businesses and recent additions such as Planet Fitness, O'Reilly Auto Parts, Ochsner 65 Plus, and Pickle N Pins. Surge Entertainment is also relocating within the center. Construction is underway for a new Chipotle on one of the outparcels. Recent improvements have enhanced the property's appeal, encompassing parking lot and lighting upgrades, façade enhancements, landscaping improvements, and refurbished pylon signage. The center is situated in a densely populated residential area, making it an ideal location for a variety of retail businesses. The property's cross street is David Dr., and it's located in Jefferson Parish County.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Metairie
- County
- Jefferson Parish
- State
- Louisiana
- Longitude
- -90.2204
- Latitude
- 30.0054
