Listed by L+A Retail
$1,750,000
Harrison Avenue Leased Investment Opportunity
Details
Property Type Retail
Sub Type Restaurant, Shopping Center
Square Footage 3,627
Cap Rate 6.20%
NOI $108,455
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $482
Acreage 0.150
Parking Spaces 10 spaces
Parking per 1,000 SqFt 2.76
Investment Type Stabilized
Ground Lease No
Retail | 3,627 SqFt
Marketing description
Positioned in the heart of Lakeview, this fully leased investment opportunity at 525 Harrison Avenue offers stable income in one of New Orleans's most desirable neighborhood retail corridors. The property benefits from strong visibility along Harrison Avenue, a vibrant, walkable street lined with popular dining, shopping, and neighborhood services. Anchored by District Donuts, the asset provides reliable cash flow with long-term upside supported by Lakeview's affluent demographics and continued residential growth. An ideal opportunity for investors seeking a well-located, income-producing property in a high-demand submarket.
Listing Contacts
Listed by L+A Retail
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$108,455.00
$9,037.92/mo
Valuation Metrics
0
DSCR
6.2%
Cap Rate
6.2%
ROI
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Property History
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