For Sale
$2,200,000

3871 Gentilly Blvd New Orleans, LA 70122

Fully Leased, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a fully leased, two-story mixed-use building situated at 3871 Gentilly Boulevard in New Orleans, Louisiana. Spanning 14,940 square feet, this property boasts a prime location with high visibility and traffic counts exceeding 20,000 vehicles per day. The building, renovated in 2019, comprises four suites: three on the ground floor and one occupying the entire second floor. Current tenants include New Beginnings Beauty School & Salon and TM Biotech, ensuring a stable income stream. The property operates under a NNN lease structure with multiple tenants. The projected net rental income for 2024 is approximately $180,000. The building is zoned HU-B1, offering flexibility for future use. The property's strategic location on Gentilly Boulevard provides excellent connectivity between residential areas and commercial centers. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use asset in a thriving New Orleans neighborhood. The APN is 41111642. All measurements are approximate and should be verified by the purchaser. Zoning and intended use should also be independently verified. The asking price for this exceptional property is $2,200,000.

Highlights

  • $2,200,000 asking price for a mixed-use (office and retail) property.
  • 14,940 square feet, two-story building located at 3871 Gentilly Blvd, New Orleans, LA 70122.
  • Fully leased multi-tenant property with a projected 2024 net rental income of approximately $180,000.
  • Renovated in 2019.
  • HU-B1 zoning.

Property Details for 3871 Gentilly Blvd

Property type
Retail properties, Office properties
Square Feet
14,940 SF
Year Renovated
2019
Stories
2

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
30.002856373497
Longitude
-90.045867350172

FAQs

What type of property is this?
Retail property - Fully Leased, High-Traffic Location
Where is the retail property located?
The property is located at 3871 Gentilly Blvd New Orleans, LA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: $2,200,000 asking price for a mixed-use (office and retail) property.; 14,940 square feet, two-story building located at 3871 Gentilly Blvd, New Orleans, LA 70122.; Fully leased multi-tenant property with a projected 2024 net rental income of approximately $180,000.
How can I contact the broker?
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3871 Gentilly Blvd
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