Kenner Center - 94% Leased - 393 W Esplanade Ave

Updated Package with New NOI inclusive of management fees

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.

New roofs on all buildings as of January 2024 with 20 year warranties. New paved parking lot.

Newly painted as of January 2026.

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
• New roofs on all buildings as of January 2024 with 20 year warranties
• Newly painted as of January 2026