Magnolia Shopping Center Redevelopment Opportunity

Magnolia Shopping Center

7060 Veterans Boulevard, Metairie, LA 70003

Retail For Lease
Floor 1, Unit 6930
37,809 SF
$18.00 - $25.00 Annual/SF

Listing Details

Asking Rate
$18.00 - $25.00 Annual/SF
Total Available
37,809 SF
Lease Type
Net NNN
List Date
10/15/2018
Available Date
10/24/2022
Listing ID
25222623

Magnolia Shopping Center Redevelopment Opportunity

Now under new ownership, Magnolia Shopping Center remains an essential retail destination along a vibrant Metairie commercial corridor.

Located on the busy Southeast Quadrant of Veterans Boulevard and David Drive, the center is in a densely populated residential neighborhood near Lafreniere Park. It is easily accessible from I-10 and via major Metairie thoroughfares West Napoleon Avenue, Power Boulevard, and David Drive. There are five curb cuts and an ample parking field with more than 900 spaces. Pylon signage and outward facing storefronts provide high visibility.

Surge Entertainment is relocating within the center, from its existing space to an approximately 70,000 sf space, and Ochsner Clinic will open in a 20,000 sf endcap in late 2023. Other long-time tenants include a variety of service providers. Upgrades include parking and lighting improvements now underway, along with facade improvements and refurbished pylon signs.

Freestanding building was former location of Surge, which has relocated in center

Space Details

Floor
1
Total Available
37,809 SF
Suite
Unit 6930
Primary Use
Retail
Total Parking
900

Other Listings on this Property

Retail For LeaseFloor 1, Suite Outparcel 1
3,250 SF
Retail For LeaseFloor 1, Suite Outparcel 2
3,250 SF
Retail For LeaseFloor 1, Unit 7048
2,000 SF
3,500 SF
3,500 SF

Property Highlights

Type
 Retail: Neighborhood Center
Size
60,533 SF, 1 Acre
Occupancy Type
Multi-tenant
Number of Buildings, Floors
1 , 1
Submarket
Airport-Metairie-Kenner

Contact

Jonathan Fawer

Corporate Realty - Main Office

Attachments

BROKER

Source: LACDB

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