Property summary
This exceptional 7,440 square foot commercial property, located at 2240 Veterans Boulevard in Kenner, Louisiana, presents a compelling investment opportunity. Situated on a prime corner lot at the intersection of Veterans and Williams Boulevards, this center benefits from exceptionally high traffic volume, boasting a combined daily count of 70,000 vehicles. Its strategic location adjacent to a newly opened Chick-fil-A further enhances its visibility and accessibility. The property is ideally positioned within a densely populated area, serving a market of 123,792 people within a 3-mile radius. The building itself is characterized by high-quality construction and houses a strong tenant roster, including established and creditworthy businesses such as Firehouse Subs, AT&T, and Aspen Dental. This mix of tenants provides a stable and predictable income stream, making this an attractive option for investors seeking a low-maintenance, passive income generating asset. The property's location near the New Orleans International Airport adds to its appeal, providing further potential for growth and increased foot traffic. This turnkey investment offers a rare opportunity to acquire a well-established, high-performing commercial property in a thriving market. The asking price is $5,550,000.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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