Veterans Retail Center Metairie, Louisiana

Property Details

Address

5029 Veterans Blvd
Metairie, LA 70006

Veterans Retail Center

Transaction Type For Sale
Sale Price $3,450,000
Lot Size 0.7746 Acres
Building size (SF) 15,005
Property Type Strip Center
Zoning C-2

Description

This retail investment opportunity offers exceptional frontage along Veterans Blvd in one of Metairie's busiest commercial corridors. A major renovation in 2014 elevated the exterior with stucco, stone, and glass finishes, complemented by updated landscaping, a refreshed awning, parking repairs, and an elastomeric roof coating. Professionally managed and zoned C-2, the property sits in Flood Zone A-E and offers strong visibility with prominent Veterans Blvd signage, making this a turnkey addition to any investment portfolio.

Location Overview

Located just 200 feet from the busy intersection of Veterans Blvd and Transcontinental Dr, this property offers excellent visibility with 158 feet of frontage on Veterans and direct access to Yale St at the rear.

• 100% Leased: NNN leases in place with stable, predictable cash flow from day one

• Priced to Sell: Original owner, motivated pricing in a high-traffic Metairie corridor

• Below-Market Rents: Current rates leave room for increases through renewals and re-tenanting

• High Visibility & Access: Two ingress/egress points