For Sale - Kenner Center
Kenner, Louisiana
Property Details
393 W Esplanade Ave, Kenner, LA 70065
- Transaction Type For Sale
- Sale Price $9,300,000
- Cap Rate 8.06%
- Property Type Investment, Street Retail
- Building size (SF) 77,786
- Lot Size 4.98 Acres
- Zoning C-2
Description
Kenner Center is a well-established, multi-tenant retail center anchored by Ollie's Bargain Outlet, the only East Bank location in the New Orleans market. Dollar Tree and the recently opened AutoZone round out an anchor lineup built around value retail, daily needs, and destination shopping. The center has historically maintained high occupancy with low tenant turnover, a track record that speaks to the strength of both the location and the tenant mix.
The property sits near the intersection of West Esplanade Avenue and Loyola Drive in Kenner, the largest city in Jefferson Parish, about 20 minutes northwest of New Orleans. Nearby traffic drivers include a Walmart Supercenter and Ochsner Health Center, with Chateau Estates and Country Club adding a strong residential base. Access to I-10 and Veterans Boulevard puts the center within easy reach of the broader metro area.
