- For Sale $9,300,000
- Property Type Retail
- Property Size 77,786 SF
- Lot Size 4.98 Acre
- Cap Rate % 8.06
- NOI / YR $749,420.00
- Parking Spaces Avail. 200
- Parking Ratio 2.57 / 1,000 SF
- Year Built 1982
- Date Updated May 11, 2026
Description
Kenner Center - 94% Leased - 393 W Esplanade Ave
Kenner Center is a well-established retail destination positioned near the intersection of West Esplanade Avenue and Loyola Drive, minutes from Louis Armstrong New Orleans International Airport. Anchored by Ollie’s Bargain Outlet, Dollar Tree, and the recently opened AutoZone, the center benefits from a balanced mix of value retail, daily-needs shopping, and destination-driven service. Ollie’s, the only East Bank location in the New Orleans market, serves as a major regional draw, while Dollar Tree and AutoZone deliver strong, steady customer traffic that reinforces the center’s long-term stability.
The property’s location near Chateau Estates and Country Club, Walmart Supercenter, and Ochsner Health Center adds to its enduring appeal, attracting both daily-use consumers and surrounding residential communities. With convenient access to I-10 and Veterans Boulevard, Kenner Center offers excellent visibility and connectivity throughout the greater New Orleans metro area, making it a compelling opportunity for investors seeking a stable retail asset in a proven market.
New roofs on all buildings as of January 2024 with 20 year warranties.
Newly painted as of January 2026.
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Contacts
SRSA Commercial Real Estate
SRSA Commercial Real Estate