4100 General Degaulle DrNew Orleans, LA 70131

This exceptional investment opportunity presents a 5,575 square foot, fully occupied (100%) retail shopping center located at 4100 General De Gaulle Dr, New Orleans, LA 70131. The property boasts a strong 6.75% cap rate, generating a Net Operating Income (NOI) of $120,730. Three tenants currently occupy the space: T-Mobile, Navy Federal Credit Union, and LA Nails-Spa. The leases are structured as NNN (Net, Net, Net), and rent bumps are included. Built in 1985 and renovated in 2014, this single-story building sits on a 0.68-acre lot. The current leases commenced December 22, 2017, and expire May 31, 2030, providing long-term stability for investors. The property is part of a larger 227,814 square foot shopping center, anchored by well-known national retailers, ensuring high traffic and visibility. Its strategic location, just five miles from downtown New Orleans and near the French Quarter, offers exceptional access and exposure. The inclusion of lease options further enhances the investment potential. This is a core+ investment opportunity with a strong tenant mix, including a corporate-backed lease with T-Mobile and a recent seven-year lease with Navy Federal Credit Union. The property's location in a high-demand retail area makes it an ideal asset for investors seeking a secure and profitable return. The property's APN is 5-13-8-219-24.