Technical
Financial
Distress signals
Property profile

6005 Jefferson Hwy Harahan, LA 70123

FOR LEASE
Shopping centers
Property ID
US36-2372547
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Property summary

AI-generated overview

The 36,096-sf single-story shopping center has recently undergone extensive exterior renovations, including upgrades to the façade, roof, and siding. The property offers high visibility along Jefferson Highway, with more than 37,128 vpd. This is an industrial/commercial corridor for Jefferson Highway. Surrounding activity includes Elmwood Business Park with 20 million sf of industrial and Elmwood Shopping Center, New Orleans’ largest power center that consists of 1.2 million sf of retail located one mile along Clearview Parkway. The Huey P. Long Bridge is less than one mile east of Jefferson Highway and offers excellent connectivity with the West Bank side of the Mississippi River. There is 32,177 sf available for lease in various configurations. The landlord is seeking long-term, regional, or national credit tenants and will consider dividing the space as required.

Property profile

Verified
Property type Shopping centers
UPID US36-2372547

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
  • Medical Clinic
  • Restaurant
  • Shopping Center & Mall
  • Take-out & Catering Catering Service
  • Restaurant

Location

6005 Jefferson Hwy Harahan, LA 70123
Harahan metro
Google Maps

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
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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