You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Grocery and convenience stores

6600 Franklin Ave New Orleans, LA 70122

174,859 SF 9.23 ac lot Built 1994
Entity Owned Absentee Owner Free & Clear
Property ID
US36-0736787
Property summary
AI-generated overview

Lake Oaks Plaza presents a remarkable 1,800 square foot commercial space, ideally situated at the high-traffic corner of Franklin Avenue and Leon C Simon Boulevard in the Greater New Orleans submarket. Currently vacant, this property offers a unique opportunity for businesses seeking a prominent location within an established retail center. The space is zoned C-2, providing flexibility for a variety of commercial uses. Previously occupied by State Farm, the building boasts excellent visibility and accessibility. This is a chance to become part of a thriving commercial hub alongside reputable national brands such as Rouses Market, CVS, Smoothie King, PJ's Coffee, and Quest Diagnostics. The property's 1,800 square feet provide ample space for a variety of business needs, making it an attractive option for both established companies and new ventures. The multiple tenancy allows for flexibility in lease terms and potential for expansion. The property's APN is 38W419303. This is a rare opportunity to secure a prime location in a high-demand area, offering significant potential for growth and success. The property is categorized as Retail, Office, and Land, providing versatility for potential tenants. Don't miss this chance to establish your business in a vibrant and successful commercial center.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1994
Total area 174,859 SF
Lot 9.23 ac (402,270 SF)
APN 38W419303
UPID US36-0736787
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
  • Coinstar Kiosk | Bitcoin ATM Currency Exchange Service Kiosk
  • Krab Kingz Seafood NOLA Restaurant
  • OneMain Financial Loan Service
  • Krewe of Kids Pediatrics Pediatrician Medical Clinic
  • Pamper & Polish Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$26.46M
Blend (final) Blend
$19.74M
Owner & transaction history
ROUSE LAND COMPANY LLC
ROUSE LAND COMPANY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message