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2900 S Claiborne Ave
New Orleans, LA 70125
Magnolia Marketplace Power Ctr New Orleans · Retail Property For Sale
Investment Highlights
- 2018 construction with best-in-class retailers.
- Strategic in-fill location on South Claiborne Ave.
- T.J. Maxx exceeded sales breakpoint and is paying percentage rent.
- Prominent retail location in New Orleans within "Central City"
- Year-over-year increases in retail store sales.
- Leverage the ability to sell off existing outparcels.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
115,281 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2015
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.88
Lot Size
3.00 AC
Zoning
CU, MU-1 - Mixed Use
Parking
268 Spaces (2.32 Spaces per 1,000 SF Leased)
Frontage
556’ on South Claiborne Avenue
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 4-12-4-001-02 | Improvements Assessment | $1,009,760 |
| Land Assessment | $554,300 | Total Assessment | $1,564,060 |
Property Taxes
Parcel Number
4-12-4-001-02
Land Assessment
$554,300
Improvements Assessment
$1,009,760
Total Assessment
$1,564,060
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