Improvements: 6,837 SF of retail space on two floors, inclusive of second-floor event space (or showroom), three private offices , reception, bar area, commercial kitchen and two walk-in coolers.
Land Area: 25,500 square feet (100 x 255 depth)
Zoning: C-2
Traffic Count: 30,000 (2022)
Parking: 56 Striped Spaces
Billboard Income: NOI: $25,841 +/- per year.
Summary: Excellent high visibility retail site with Williams Boulevard frontage on the southwest corner of the intersection of Veterans and Williams Boulevard. Excellent ingress and egress and access to all major arteries in Jefferson Parish including Interstate 10, Veterans, Williams, Airline Highway and West Esplanade. Chick-fil-A, Fat Boys Pizza, McDonald’s, Family Dollar, Dollar General, T-Mobile, Sonic, Home Depot, Carmax, Walmart, Starbucks and Burger King are notable retailers in the immediate area. Subject site is also near over 200,000 SF of office space in Kenner, Louis Armstrong International Airport and a high density pocket of hotels just outside the footprint of the new airport. Potential uses include restaurant, reception hall, pool hall, retail with showroom, veterinary clinic, bingo hall (depending on criteria).
Rental Rate: $9,116.00 per month, NNN ($16.00 per square foot)
Land Lease Rate: $5.50/SF, Annually on a net lease basis, $11,687/monthly on a net lease basis
Sale Price: $1,850,000
