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4400 S Claiborne Ave
New Orleans, LA 70125
Trophy Walgreens New Orleans l 19 Yr NNN · Retail Property For Sale
Investment Highlights
- STABLE INCOME - Income guaranteed by Walgreens Corporation with over 8,600 locations.
- STRATEGIC HIGH PERFORMING LOCATION- Sales volume is above the national average & surrounding area prohibits new development.
- MEDICAL CORRIDOR- Within a block of the subject property there is the Ochsner Baptist Medical Center & Hospital.
- 19+ YEARS OF PRIMARY TERM REMAINING- Walgreens has been operating at this site since 2000 and in 2011 signed 30-year lease.
- HIGH TRAFFIC COUNT & INFILL DEMOGRAPHICS- Combined traffic counts of over 43k vehicles per day. Over 360k residents within 5-miles.
- TROPHY LOCATION- Tulane University, Caesar Superdome, Smoothie King Center and more within 2 miles
Property Facts
Property Type
Retail
Property Subtype
Building Size
13,823 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.41 AC
Zoning
MU-1
Parking
110 Spaces (7.96 Spaces per 1,000 SF Leased)
Frontage
129’ on Claiborne Ave
Amenities
- Bus Line
- Freeway Visibility
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 6-14-3-405-16 | Improvements Assessment | $292,320 |
| Land Assessment | $184,340 | Total Assessment | $476,660 |
Property Taxes
Parcel Number
6-14-3-405-16
Land Assessment
$184,340
Improvements Assessment
$292,320
Total Assessment
$476,660
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