1005 S Clearview Pkwy
1005 S Clearview Pkwy New Orleans, LA 70121

Overview
An exceptional opportunity to acquire a fully-leased retail property with a nationally recognized local tenant. This property features a freestanding New Orleans Hamburger & Seafood Co. restaurant, one of five locations in the metro area, strategically positioned in the highly desirable Elmwood retail corridor—a bustling hub of shopping, dining, and entertainment. The current tenant has 12 years remaining on their lease, with multiple renewal options, providing a stable and long-term income stream. This well-established operator brings strong brand recognition and consistent customer traffic to the site.
Key Highlights:
- Tenant: New Orleans Hamburger & Seafood Co.
- Lease Term Remaining: 12 years + multiple renewal options
- Location: High-visibility retail corridor in Elmwood
- Type: Single-tenant, net-leased restaurant property
- Financials: Available upon request with signed NDA
For Sale
- Sale Price
- $3,750,000
- Price Per SF
- $468.8/SF
- Cap Rate
- 5.87%
- Building Size
- 8,000 SF
- Acres
- 0.7046 ac
- Zoning
- IMU
- Zoning Description
- Industrial Mixed Use District
- Net Operating Income
- $220,000
- Tenant
- New Orleans Hamburger & Seafood
- County
- Jefferson Parish
- Created
- 2025-07-02
- Updated
- 2025-07-16
- Listing ID
- 5ffcfd38
- Parcel APN
- 700002685