This exceptional 1,975 square foot retail space represents a unique investment opportunity. Located at 6750 Franklin Avenue, this brand-new, end-cap unit is part of a mixed-use development, offering unparalleled visibility and accessibility. Its strategic placement next to the University of New Orleans and Lakefront Arena ensures a constant flow of foot traffic from both students and the wider community. The property benefits from its position within the only grocery store-anchored shopping center for miles, providing a synergistic retail environment. Rouses Market serves as the anchor tenant, drawing significant customer traffic and creating a vibrant atmosphere. The entire 1,975 square feet is currently vacant, providing a blank canvas for a discerning tenant to customize the space to their specific business needs. This is a rare chance to establish a presence in a high-traffic, well-established commercial area with strong anchor tenancy, offering significant potential for growth and success. The property is classified as retail, with multiple tenancy options available. The building is a new construction, ensuring modern amenities and efficient design. This prime location offers an exceptional opportunity for businesses seeking high visibility and a strong customer base.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$10,152,306
Hospitality
$9,299,457
Educational
$7,737,040
Medical
$8,003,128
Retail
$12,035,395
Location Insight
City
New Orleans
County
Orleans
State
Louisiana
Latitude
30.0284
Longitude
-90.0526
CBSA code
35380
CBSA name
NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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