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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5245 Veterans Blvd Metairie, LA 70006

40,429 SF 3.32 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40,429-square-foot single-story retail building is ideally situated on a 3.321-acre lot at 5245 Veterans Boulevard in Metairie, Louisiana, zip code 70006. Boasting a prime location on a major retail thoroughfare with 33,324 vehicles passing daily, this property offers unparalleled visibility and accessibility. The building features approximately 200 parking spaces, ensuring ample customer convenience. Multiple curb cuts onto Veterans Boulevard, as well as access points to York Street and Kent Avenue, provide easy ingress and egress. The property benefits from highly visible signage opportunities. Originally constructed as a grocery store and later occupied by Conn's, this building underwent a complete renovation in 2019, encompassing foundation, parking lot, roof, and HVAC systems. This comprehensive refurbishment ensures a move-in ready condition. The flexible layout makes it adaptable to a wide range of retail and commercial uses. Jefferson Parish's Commercial zoning designation further enhances its marketability. This is a truly exceptional opportunity for businesses seeking a high-profile location in a thriving retail market.

Property profile
Verified
Property type Retail properties & Spaces
Total area 40,429 SF
Lot 3.32 ac (144,663 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
Current use
Occupant on record · Public records
  • Conn's HomePlus Electronics & Wireless Store
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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