2240 Veterans Memorial Blvd
Kenner, LA 70062
Retail Property For Sale
![2240 Veterans Memorial Blvd, Kenner, LA for sale - Building Photo - Image 1 of 10](https://images1.loopnet.com/i2/Uei-F3VMnxgV11_QFqURXhWWbVR24x0juNO4nn0S6co/110/2240-Veterans-Memorial-Blvd-Kenner-LA-Building-Photo-1-Large.jpg)
![2240 Veterans Memorial Blvd, Kenner, LA for sale - Building Photo - Image 2 of 10](https://images1.loopnet.com/i2/SHoD3ttbQIijHiRQVdIrUX9-Ou6nucZ_3q_z91LsRtM/110/2240-Veterans-Memorial-Blvd-Kenner-LA-Building-Photo-2-Large.jpg)
![](https://images1.loopnet.com/i2/9W0Osdy9VSwmLlQOsND4XgBJYwfcyAxIXRBSKO4BuB8/110/2240-Veterans-Memorial-Blvd-Kenner-LA-Building-Photo-6-Large.jpg)
EXECUTIVE SUMMARY
Price Adjustment! Located adjacent to a newly delivered Chick-fil-A near the busy intersection of Veterans and WilliamsBoulevards (combined traffic count of 70,000 vehicles per day), the property offers excellent accessibility and visibility in a densely populated area (123,792 people within 3 miles). The strong demographics, strategic retail location adjacent to the New Orleans International Airport and high-quality construction of the center combined with the credit-worthy tenant roster of Firehouse Subs, AT&T, and Aspen Dental make this property an ideal investment for buyers seeking a passive, stable real estate investment.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,489 SF
Building Class
B
Year Built
2017
Price
$5,199,500
Price Per SF
$801
Cap Rate
7%
NOI
$363,965
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.20 AC
Parking
36 Spaces (8.2 Spaces per 1,000 SF Leased)
Frontage
180 FT on Veterans Boulevard