7605 Westbank Expwy - Marrero Retail Strip Center for SALE
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This is a well-constructed strip center that was built just before Katrina. Most of the 11 tenants have been there for several years. According to the owner, it generates in the neighborhood of $142,000 NOI per year. Agent has figures broken down and copies of all leases. Income is approximately $211,000 per year; expenses are approximately $69,000 (the taxes are way too high!), and the NOI is $142,000. Excellent investment property, especially after the expansion of the Huey P. Long Bridge is completed.
You can see a You Tube video of the property by clicking on the link below after the picture is loaded. FOR ADDITIONAL INFO ABOUT THIS LISTING SCROLL DOWN BELOW THE VIDEO.
New Orleans Commercial Real Estate
NAI/Latter & Blum, Inc. Realtors
You can see a You Tube video of the property by clicking on the link below after the picture is loaded. FOR ADDITIONAL INFO ABOUT THIS LISTING SCROLL DOWN BELOW THE VIDEO.
New Orleans Commercial Real Estate
NAI/Latter & Blum, Inc. Realtors
- Neighborhood: King Henry Subdivision
- Lot Size: 128.38 / 108.95 x 383.17
- Type: Commercial for Sale
- Floors: Two or More Stories
- Square Feet: 13,050
- Zoned: C-2
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