7118 Downman Rd 7140 Downman Rd

7118–7140 Downman Road is a ±13,273 SF multi-tenant retail center with a freestanding restaurant building situated on approximately 1.0 acre of C-1 zoned commercial land along the Downman Road corridor in New Orleans East. The property consists of seven individual suites across two buildings, offering diversified tenant income and flexible leasing configurations.

The site benefits from strong street frontage, excellent visibility, and surplus parking, making it well-suited for neighborhood retail, food service, medical, office, and service-oriented tenants. The center is located along a four-lane divided commercial corridor connecting Lake Pontchartrain, Gentilly, New Orleans East, and I-10, serving a dense residential and workforce population.

Property Highlights

• 13,273 SF of multi-tenant retail and restaurant space
• ±1.00 acre site with large parking field
• 7 suites with flexible bay sizes
• Freestanding restaurant with commercial kitchen infrastructure
• C-1 General Commercial zoning allows a wide range of retail, restaurant, medical, office, and service uses
• ±46 on-site parking spaces (well above zoning requirements)

Value-Add Opportunity

The property is currently under-leased, creating a clear path to increased NOI through:

• Lease-up of vacant suites
• Re-tenanting and tenant-mix upgrades
• Rent growth as occupancy improves

Flexible Deal Structures

Ownership will consider multiple transaction structures for qualified buyers, including:

• Seller Financing
• Master Lease / Lease-Purchase
• Joint Venture

Why This Asset

• High-visibility retail location
• Underserved corridor with strong neighborhood demand
• Multi-tenant income with upside through stabilization
• Full-acre commercial site in New Orleans East

Offering

7118–7140 Downman Road is available individually or as part of a larger New Orleans investment portfolio.
Rent roll, financials, and structure options available upon request.