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Property profile

331 Veterans Memorial Blvd Kenner, LA 70062

OFF-MARKET
Neighborhood centers
9,780 SF Built 2004
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Property summary

AI-generated overview

This exceptional 9,780 square foot retail strip center, built in 2004, is situated on a 1.33-acre lot in Jefferson Parish's Airport-Metairie-Kenner submarket. The property boasts a prime location at the intersection of Loyola and Veterans Boulevards, offering unparalleled visibility and accessibility near the Louis Armstrong International Airport entrance. Currently, 9,180 square feet are available for lease within this single-story, one-building complex. The building features a modern steel/stucco facade and offers ample parking with 86 spaces. Inside, the space provides a functional layout with ceiling heights of 11' and 6', a loading dock for convenient deliveries, and robust electrical service (400 amps @ 240 single phase). The property is zoned C-l and has a 60-month lease term. The property's APN is 0920009313. This is a rare opportunity to secure a well-located, sizable retail space in a high-demand area with excellent visibility and convenient access. The existing tenant provides a stable foundation for future growth and development. This property is ideal for a variety of retail uses.

Property profile

Verified
Property type Neighborhood centers
Year built 2004
Total area 9,780 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Cosmetic Store

Location

331 Veterans Memorial Blvd Kenner, LA 70062
Kenner metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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