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4951 Lapalco Blvd
Marrero, LA 70072
New Chick-fil-A / 15 Yr Absolute NNN Lease · Retail Property For Sale

Investment Highlights

  • Corporate Executed Lease | Outstanding National Tenant
  • New 2020 Construction | Grand Opening in April 2020
  • Rental Increases During All Option Periods
  • New Long Term 15-Year Absolute NNN Ground Lease / Ease of Management
  • Double Lane Drive-Thru Feature
  • Excellent Location / Near Major Intersection and Community Hubs (65,000 VPD) / Strong Population Density (236,000 residents within a 5-Mile)

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
4,877 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.24 AC
Zoning
MUCD
Parking
36 Spaces (7.38 Spaces per 1,000 SF Leased)
Frontage
274’ on Lapalco Boulevard

About 4951 LAPALCO BLVD , MARRERO, LA 70072

The subject property is ideally located mid-block on Lapalco Boulevard (29,348 VPD), and near the intersection with Barataria Boulevard (35,903 VPD). The immediate trade area is highly desired, with a star-studded lineup of neighboring retailers led by Walmart Supercenter, Lowe’s Home Improvement, Home Depot, and complimented by competitors like Wendy’s, Raising Cane’s, McDonald’s and Starbucks. This double drive-thru building also has added visibility with a monument sign located directly on Lapalco Boulevard, drawing from the heavily trafficked intersection just steps away. The city of Marrero (LA) has excellent access to and from the New Orleans-MSA region, butting up against Highway 90 – which leads to both downtown and Interstate 10. There are now over 236,000 permanent residents within 5 miles of the property, all of which produce an average household income of roughly $70,250.

Property Taxes

Property Taxes

Parcel Number
0410001098
Land Assessment
$60,600
Improvements Assessment
$271,640
Total Assessment
$332,240
  • Listing ID: 18173112

  • Date on Market: 1/13/2020

  • Last Updated:

  • Address: 4951 Lapalco Blvd, Marrero, LA 70072

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