Marrero (New Orleans), LA 70072

Regions Bank

Property Address

850 Avenue D, Marrero, LA, USA

Offering Summary

  • Price: $850,000
  • Lot Size: .33 Acres
  • Cap Rate: 8.0%
  • Year Built: 1999
  • Building SF: 1,500
  • Status: Available
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  • Corporate Lease with Regions Bank
  • Strong Deposits – $56,000,000
  • 306,957 Residents in Trade Area – New Orleans MSA
  • Directly Off US Highway 90 (86,930+ Cars per Day)
  • Across from West Jefferson Medical Center
  • Surrounded by Major Retailers – Walmart Supercenter, Lowe’s, The Home Depot, Target, AMC Theatres, Michaels, Best Buy, and More
  • Strong Daytime Population, 367,060+ Daytime Employees in 5-Mile Radius
  • Minutes to Oakwood Center – 80+ Regional and National Retailers
  • 15 Minutes from Downtown New Orleans
  • Close Proximity to Tulane University (13,600+ Enrolled) and Loyola University New Orleans (3,830+ Enrolled)

Broker Information