Address: 8814 Veterans Memorial Boulevard, Metairie, LA 70003

The McEnery Company is pleased to offer for sale: 8814 Veterans Memorial Boulevard, a 33,069-square-foot retail opportunity in Metairie, Louisiana. The retail center is located along Veterans Memorial Boulevard, the premiere retail corridor in the region, boasting immediately proximate national retailers Wal-Mart, Home Depot, Academy Sports + Outdoors, and many more. The property is being offered at a 6% capitalization rate. There is immediate value-add potential through lease up of two (2) current vacancies, improved operational efficiencies, and renegotiation of gross leases, yielding a potential 7.8% unlevered return.

List Price: $6,900,000

Cap Rate: 6%

Site Size: 1.79 Acres

GLA: 33,069 SF

Zoning: BC-1 Business Core

For further listing details please contact Gordon McLeod 504-717-3648 or Cameron Griffin 504-535-5680

8814 Veterans OM 2.11.25

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