Technical
Financial
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Property profile

2240 Veterans Memorial Blvd Kenner, LA 70062

OFF-MARKET
Lifestyle centers
7,440 SF Built 2017
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Property summary

AI-generated overview

This exceptional 7,440 square foot retail center, built in 2017, presents a compelling investment opportunity in Kenner, Louisiana. Located at 2240 Veterans Memorial Blvd, this single-story building boasts a prime location adjacent to a newly constructed Chick-fil-A, benefiting from the high traffic volume of approximately 70,000 vehicles daily at the intersection of Veterans and Williams Boulevards. The property features three units currently occupied by a strong tenant roster including Firehouse Subs, AT&T, and Aspen Dental, ensuring a stable income stream. The C-2 zoning allows for a variety of uses, enhancing the property's long-term value. Situated in a densely populated area with 123,792 people within a three-mile radius, this center offers excellent visibility and accessibility. Its proximity to the New Orleans International Airport further strengthens its strategic position within the market. The high-quality construction and creditworthy tenants make this a low-maintenance, passive income investment ideal for discerning buyers. The asking price for this turnkey property is $5,550,000. This property is classified as Hospitality, Retail, with subtypes including QSR/Fast Food, Restaurant, and Shopping Center.

Property profile

Verified
Property type Lifestyle centers
Year built 2017
Total area 7,440 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
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

2240 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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