3500-3700 Carrollton Ave Arabi, LA 70032
- Retail properties
- 219,528 SF
Current Use by Public Records
- Retail properties
Property Details for 3500-3700 Carrollton Ave
- Property size
- 219,528 SF
- Property type
- Retail properties
Description
Carrollton Central Plaza, located at 3500-3700 South Carrollton Avenue in Arabi, Louisiana (zip code 70032), presents a significant retail investment opportunity. This single-tenant commercial property boasts a total building area of 219,528 square feet, strategically situated at a key intersection in New Orleans: I-10 and Carrollton Avenue. The property currently houses two ground lease tenants: Costco, the only location serving the New Orleans market, and CVS. In addition to these anchor tenants, the property also includes two retail centers. While a portion of the space is currently vacant (2,092 square feet), the substantial existing tenancy and prime location offer exceptional potential for growth and return on investment. The property is located in St. Bernard Parish and offers excellent visibility and accessibility due to its high-traffic location. This presents a rare opportunity to acquire a well-established retail property in a thriving market. The property's size and established tenancy make it an attractive investment for both experienced and emerging investors seeking a strong foothold in the New Orleans retail market. The existing infrastructure and high-profile tenants provide a solid foundation for future development and expansion.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arabi
- County
- St. Bernard Parish
- State
- Louisiana
- Longitude
- -89.9977
- Latitude
- 29.9596
