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    OFF-MARKET
    Turn key restaurants

    3901 General Degaulle Dr, New Orleans, LA 70114-8209

    0.47 ac lot
    Entity Owned 12-yr Hold Free & Clear
    Property ID
    US36-0227063
    Property summary
    AI-generated overview

    This exceptional retail opportunity is located in a newly constructed, three-tenant building situated on the highly visible hard corner of General DeGaulle and Holiday Drive in Algiers, Orleans Parish, Louisiana. The property offers a strategically located middle unit currently available for lease. The building boasts 26 conveniently located parking spaces for customers and tenants. This mixed-use development already houses established businesses such as Pizza Hut and AT&T, providing immediate synergy and high foot traffic. The property's prime location offers excellent visibility and accessibility, with ample opportunity for prominent façade signage. A monument sign is also planned, further enhancing the visibility of your business. The center benefits from its proximity to a variety of major retailers, including Rouses, Winn-Dixie, Starbucks, TJ Maxx, Ross, Chick-fil-A, and a Walmart Supercenter, ensuring a strong customer base and high traffic volume. This is an ideal location for businesses seeking high visibility and a thriving retail environment in a rapidly developing area. Don't miss this chance to establish your business in this vibrant Algiers Point commercial center.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Lot 0.47 ac (20,446 SF)
    APN 513614515
    UPID US36-0227063
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Pizza Hut Restaurant
    • AT&T Store Mobile Phone Store Electronics & Wireless Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Hrr Gen Degaulle I LLC · 12 yrs held
    Hrr Gen Degaulle I LLC
    since 2013
    5 recorded transactions
    2022
    2019
    2019
    2013
    $390,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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