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Kenner Center - 94% Leased - 393 W Esplanade Ave

393 W Esplanade Ave, Kenner, LA 70065

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Overview

Property Description:

Kenner Center is a well-established retail destination positioned near the intersection of West Esplanade Avenue and Loyola Drive, minutes from Louis Armstrong New Orleans International Airport. Anchored by Ollie’s Bargain Outlet, Dollar Tree, and the recently opened AutoZone, the center benefits from a balanced mix of value retail, daily-needs shopping, and destination-driven service. Ollie’s, the only East Bank location in the New Orleans market, serves as a major regional draw, while Dollar Tree and AutoZone deliver strong, steady customer traffic that reinforces the center’s long-term stability.

The property’s location near Chateau Estates and Country Club, Walmart Supercenter, and Ochsner Health Center adds to its enduring appeal, attracting both daily-use consumers and surrounding residential communities. With convenient access to I-10 and Veterans Boulevard, Kenner Center offers excellent visibility and connectivity throughout the greater New Orleans metro area, making it a compelling opportunity for investors seeking a stable retail asset in a proven market.

Buyer's broker fee to be paid by buyer.

Location Description:

Kenner is the seventh largest city in the state of Louisiana and the largest city in Jefferson Parish. It is located 20 minutes northwest of New Orleans and is connected to the city via Airline Drive and Interstates 10 & 610.

Great high traffic location near the corner of West Esplanade and Loyola Drive. Kenner Center is in close proximity to the Wal-Mart Supercenter and Ochsner Health Center.

Financial information and rent roll available upon signing a Confidentiality Agreement. Contact Broker for additional information or see Crexi Link below to sign CA and download full Offering Memorandum.

  • ± 78,000 SF multi-tenant retail center
  • Anchored by Ollie’s Bargain Outlet (only East Bank location)
  • High occupancy with historically low tenant turnover
  • Surrounded by major traffic drivers including Walmart and Ochsner Health Center
  • Near Chateau Estates and Country Club
  • Convenient access to I-10 and Veterans Boulevard and minutes from Louis Armstrong New Orleans International Airport
  • 200 surface parking spaces
  • Zoned C-2

For Sale

Retail
Investment

Secondary Uses: Big Box, Strip Center

Sale Price
$9,950,000
Price Per SF
$127.9/SF
Cap Rate
7.5%
Building Size
77,786 SF
Acres
4.9814 ac
Net Operating Income
$746,708
Tenant
Ollie's Bargain Outlet, Dollar Tree, Autozone
Building Name
Kenner Center
Building Class
B
Year Built
1982
Parking Spaces
200
Property Status
Existing
Average Occupancy Rate
94%
County
Jefferson Parish
Available
11/18/2025
Created
11/20/2025
Updated
11/26/2025
Listing ID
36a4652c
Parcel APN
3923100842