8700 Judge Perez DrChalmette, LA 70043

Property Details for 8700 Judge Perez Dr

Lot size

11.75 AC

Property type

Retail properties

Property subtype

Retail space

APN

3546000005A2

APU

3546000005A2

Description

The Chalmette Mall, located at 8700 W Judge Perez Dr, Chalmette, LA 70043, offers 135,000 square feet of retail and restaurant space in a thriving Saint Bernard County location. This multi-tenant shopping center features 10 suites, with sizes ranging from 800 to 13,710 contiguous square feet, and currently has 35,504 square feet of vacant space available. Anchored by Save A Lot Grocery and Big Lots, the mall benefits from a prime location along Chalmette's busiest thoroughfare, just minutes from downtown New Orleans. The property boasts excellent visibility with 1,000 feet of frontage on W Judge Perez Drive, six points of access including a lighted intersection, and multiple highly visible pylon signs. Ample parking is provided with over 550 spaces. The mall serves a substantial population, with a 20-minute drive time encompassing 179,982 residents. This presents a unique opportunity for businesses seeking high visibility and access to a large customer base in a bustling suburban setting.

• CAP approach

  CAP return

  Valuation

  6%

  $119,315,152

  6.5%

  $110,137,064

  7%

  $102,270,128

• Comparable approach

  Method

  Valuation

  Relative Method

  $98,387,976

  Geo Method

  $91,692,704

• Alternative Use

  Use

  Valuation

  Residential

  $92,904,736

  Hospitality

  $85,100,232

  Educational

  $70,802,400

  Medical

  $73,237,400

  Retail

  $110,137,064

Location Insight

City

Chalmette

County

Saint Bernard

State

Louisiana

Latitude

29.9503

Longitude

-89.9742

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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