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Property profile & analytics
FOR LEASE
Grocery and convenience stores

4500 Tchoupitoulas St New Orleans, LA 70115

121,494 SF 5.14 ac lot Built 1960
Entity Owned 18-yr Hold Free & Clear
Property ID
US36-2552052
Property summary
AI-generated overview

This exceptional commercial property, located at 4500 Tchoupitoulas St, New Orleans, LA 70115, presents a unique investment opportunity in the heart of Uptown. The property, identified by APN 41055735 in Orleans Parish, offers a total of 41,000 square feet of space, currently entirely vacant and ready for immediate occupancy. The flexible layout allows for multiple tenancy options, with a minimum divisible space of 15,000 square feet and a maximum contiguous space of 26,000 square feet. This versatile property is zoned C-2, making it suitable for a variety of commercial uses, including executive office space and retail. Situated on a prominent corner lot at the intersection of Tchoupitoulas and Napoleon Avenues, this outparcel boasts unparalleled visibility and frontage, ideal for businesses seeking high traffic exposure in one of Uptown New Orleans' busiest areas. The property is available for a long-term ground lease or build-to-suit options, providing flexibility to meet diverse business needs. This is a rare chance to secure a significant presence in a thriving Uptown New Orleans market. The property's size and location make it an exceptional opportunity for businesses seeking to establish or expand their operations in this desirable area.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1960
Total area 121,494 SF
Lot 5.14 ac (223,728 SF)
APN 614101713
UPID US36-2552052
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
  • Rouses Market Grocery & Convenience Store Food Market
  • Coinstar Kiosk | Bitcoin ATM Atm Currency Exchange Service
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Coinme at Coinstar - Bitcoin Kiosk Shopping Center & Mall (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.42M
Blend (final) Blend
$9.33M
Owner & transaction history
Rouse Land New Orleans LLC · 18 yrs held
Rouse Land New Orleans LLC
since 2008
4 recorded transactions
2019
Price N/A
2008
$15.5M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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