- For Sale $3,450,000
- Property Type Retail
- Property Size 15,005 SF
- Lot Size 0.77 Acre
- Parking Spaces Avail. 46
- Parking Ratio 3.07 / 1,000 SF
- Year Built 1960
- Year Renovated 2014
- Date Updated May 12, 2026
Description
This investment opportunity offers prime frontage along Veterans Blvd in one of Metairie's busiest corridors. Owned by the original owner and priced to sell, the property presents value-add potential for investors. A major renovation in 2014 enhanced the exterior with stucco, stone, and glass finishes, complemented by new landscaping, an updated awning, parking repairs, and an elastomeric roof coating. Professionally managed and zoned C-2, the property is located in Flood Zone A-E and features NNN leases, providing a stable investment framework. With excellent visibility and prominent Veterans Blvd signage, this asset combines curb appeal with strong positioning for future growth.
Located just 200 feet from the busy intersection of Veterans Memorial 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.
- Value-Add: retail center priced to sell.
- Lease-Up Potential: Vacant suite allows for repositioning upside.
- Below-Market Rents: Current lease rates leave room for increases through renewals and re-tenanting.
- High Visibility & Access: Located on Veterans Blvd. with two ingress/egress points and excellent signage.
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Contacts
SRSA Commercial Real Estate
Location
Located at 5029 Veterans Memorial Blvd, Metairie, LA 70006, this property is part of the Metairie neighborhood and New Orleans market.
SRSA Commercial Real Estate