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Property profile

0 Ring Rd Kenner, LA 70065

OFF-MARKET
Retail properties & Spaces
37,813 SF
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Property summary

AI-generated overview

This exceptional 37,813-square-foot development parcel presents a unique redevelopment opportunity. Situated on the southwest corner of Esplanade Mall's Ring Road, within the Dillard's parking lot, this property offers unparalleled visibility and accessibility. Zoned for a variety of retail-commercial uses, including auto shops, restaurants, and storefronts, it's governed by Esplanade Mall's existing Construction, Operation, and Reciprocal Easement Agreement. The location boasts high traffic counts, with 55,026 cars per day on Williams Boulevard and 25,700 cars per day on West Esplanade Avenue. Benefit from a strong demographic profile, including a median household income of $62,786 within a 3-mile radius and a daytime population exceeding 31,000. Convenient access to I-10 via Williams Boulevard and West Esplanade Avenue, and proximity to the Louis Armstrong New Orleans International Airport (approximately 3 miles away) further enhance its appeal. Ample surface parking and Jefferson Transit bus route 201 service add to the property's convenience. Esplanade Mall, a 1 million-square-foot shopping center opened in 1985, provides a strong established retail presence. This site is ideal for businesses seeking high visibility and convenient access in a thriving commercial area.

Property profile

Verified
Property type Retail properties & Spaces
Total area 37,813 SF

Cap rate & NOI

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

Location

Ring Rd Kenner, LA 70065
Kenner metro
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Value estimations

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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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