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5250 Jefferson Hwy
Jefferson, LA 70123
EXEQ Plaza · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,752 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Zoning
M2
Parking
33 Spaces (5.04 Spaces per 1,000 SF Leased)
Frontage
119’ on Jefferson Hwy

Amenities

  • Bus Line
  • Pylon Sign
  • Signalized Intersection

About 5250 JEFFERSON HWY , JEFFERSON, LA 70123

Exeq Plaza is anchored by a Walmart Supercenter, a major regional consumer draw with a grocery component and is strategically situated 8 miles west of downtown New Orleans in a very high traffic location on Jefferson Highway. The offering includes a valuable Rallys Restaurant outparcel providing a potentially lucrative future option to spin the asset out as a single-tenant opportunity. Exeq Plaza benefits from Walmart Supercenter’s significant consumer draw, which includes a coveted, necessity-based shopping component and Murphy USA fuel center creating a retail nexus beside the Property. Walmart Supercenter draws from upwards of 25 miles away and dominates market share in the area as there is very little grocer competition and no other Walmart stores within the nearby Harahan and Metairie communities. Other national retailers in the vicinity include Academy Sports, Tuesday Morning, TJ Maxx, Michaels Crafts, Old Navy, Best Buy, DSW, Ulta Beauty, Pier 1, World Market, Kirklands, Big Lots, and Elmwood Palace Theater 20. The Plaza is situated between two dense communities on the west side of Downtown New Orleans - Harahan and Elmwood - with proximity to Metairie, along the southern bank of Lake Pontchartrain. With 286,955 people within a growing 5-mile radius, with a median age of 39.7, and an average household income of almost $80,000 within a 3-mile radius the Property benefits from a significant amount of disposable income associated with the nearby consumer population. Additionally, the Property boasts excellent retail fundamentals in regards to a “retail strip” layout, phenomenal visibility, on a high-traffic corridor, prominent signage along Jefferson Highway, abundant parking and a signalized intersection at the western side of the Property at Plantation Road and Jefferson Highway. Situated on the west side of New Orleans in Harahan, Exeq Plaza is positioned just minutes from one of the world’s most dynamic cities. Renown for its food, music, eclectic culture and Mardi Gras celebration, New Orleans continues to be at the top of the list for international and domestic tourists alike. Situated at the mouth of the Mississippi River, the City is also home to one of the world’s busiest ports, boasting miles of waterways, six Class I railroads, and an interstate highway system; enabling the port to accommodate container ships and break-bulk cargo as well as passenger cruises.

Property Taxes

Property Taxes

Parcel Number
0700006776
Land Assessment
$106,660
Improvements Assessment
$216,150
Total Assessment
$322,810
  • Listing ID: 16502666

  • Date on Market: 7/2/2019

  • Last Updated:

  • Address: 5250 Jefferson Hwy, Jefferson, LA 70123

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