9820 Lake Forest Blvd - Freestanding FOR SALE


New Orleans, LA 70127- West Lake Forest
$2,900,000 USD
504-264-6145
9820 Lake Forest Blvd, New Orleans, LA for Sale
$2,900,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

9820 Lake Forest Blvd
New Orleans, LA 70127
West Lake Forest


HIGHLIGHTS

  • All measurements are approximate/not guaranteed and are to be verified by the Purchaser. Zoning and Intended Use to be verified by the Purchaser.

OVERVIEW

9820 Lake Forest is a 100% leased, +/- 42k SF retail investment opportunity. The property sits on approximately 2.51 acres, with roughly 406ft of frontage on Lake Forest Blvd. The center is anchored by a +/- 23k SF family-fun entertainment park. Other tenants include We Dat’s Chicken & Shrimp, Beauty & More, SouRcE SneaKeR Lab, Uniforms by Logo Express, and the most recent addition, Revival Church for the Nations. The parking lot was resurfaced in 2023! 9820 Lake Forest is located in the West Lake Forest neighborhood of New Orleans East. The center sits just off I-10, between the Crowder Blvd & Read Blvd exits. The property's positioning on Lake Forest Blvd provides great visibility and a vast customer base. There are a variety of other notable nearby locations, including Joe W. Brown Park, USPS, Goodwill, Planet Fitness, New Orleans East Hospital, Audubon Louisiana Nature Center, and more!

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.51 AC

LAND SF

109,336 SF

ZONING

C-2

APN/PARCEL ID

3-9W-0-162-44

ASK ABOUT THIS PROPERTY

Tim ThompsonSVN | Urban PropertiesMore Info
504-264-6145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tim ThompsonSVN | Urban PropertiesMore Info
504-264-6145

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.