3701 General Degaulle Dr, New Orleans, LA 70114
Azalea Plaza presents a unique investment opportunity in Algiers, a vibrant West Bank neighborhood of New Orleans. This two-story, 137,110 square foot retail center offers multiple tenancy options, with spaces ranging from a minimum of 1,547 square feet to a maximum contiguous space of 107,904 square feet. The property boasts nine total suites, currently all vacant, and sits on a substantial 175,993 square foot lot. Strategically located on a busy commercial corridor with easy access to major thoroughfares like General De Gaulle Drive and US 90, Azalea Plaza benefits from high visibility and excellent accessibility. The center features ample surface parking and wet sprinklers. Its prime location near banks, shops, and residential areas ensures a strong customer base. The open-air design and pylon signage at a busy intersection provide exceptional marketing opportunities. Ideal for a variety of commercial uses, including restaurants, retail stores, and office spaces, Azalea Plaza offers a compelling opportunity to establish a thriving business in a dynamic and growing market. The property's versatile layout and prominent location make it an attractive option for both single and multi-tenant occupancy. The Orleans Parish location, within the West Bank submarket cluster, provides convenient access to both sides of the Mississippi River via nearby bridges.
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Total By Verizon Mobile Phone Store Electronics & Wireless Store
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Buddy V's Cake Slice Restaurant Take-out & Catering
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Azalea Plaza Shopping Center & Mall
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Chuck E. Cheese Restaurant
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Mardi Gras Squad Creations and More Clothing & Fashion Store
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
Similar Nearby for Sale
Similar Nearby for Lease
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.