Supermarket Retail Center For Sale REDUCED!

Retail-Commercial for Sale
Catylist Listing ID: 30054869
Property Subtypes: Street Retail
Building Size (RSF): 23,026 SF
Gross Building Area: See Agent
Sale Price: $850,000
Unit Price: $36.91 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/14/2018

Overview / Comments

Great location. Chef Mentuer Hwy at Michoud Blvd. 80,000 sq. ft. of shared parking.

Income producing center plus owner occupied Asian supermarket (4,687 sq. ft.) Owner will vacate and buyer can take over business and/or lease out to another tenant for about $6,500 rent per month. Current monthly income from the other tenants is $6,700/month. The other tenants include a pool hall, flea market, a hair salon, and an international food market.

Owner retiring. Motivated. Please call agent, Lucy Chun 504-606-7788.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Northshore / N.O. East
Tax ID/APN: 41145875

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,244 32,305 61,152
Median Age: 33.67 34.14 32.94
Households: 1,815 10,953 21,666


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