±9,180 SF Freestanding Retail Space Fronting Airline Dr

View Sale / Lease Brochure: https://buildout.com/sharing/9180-sf-retail-fronting-airline-dr-7505-airline-dr-metairie-lease?file=3729308

Now for sale and lease, 7505 Airline Dr features a ±9,180 SF retail building on a ±0.99-acre site, formerly occupied by Dollar General.

The highly visible site sees daily traffic counts of ±30,983 vehicles.

Ample on-site parking and dual access from Airline Hwy and N Elm St are available.

Positioned between a dense residential area and a highly-traveled thoroughfare, the property is surrounded by national and local retailers including O’Reilly Auto Parts, Bridge House Super Thrift Store, Clay’s Café, and Mano’s Po-Boys.

Pylon signage opportunities are available for added visibility.

Current tenant Dollar General is on a NNN lease and paying a base rent of $12,660/month until 02/2027. Annual NOI is $151,925. Cap rate is 9.5% until the dollar general lease is over.

NNN lease type.

• Daily traffic counts of ±30,983 vehicles
• Dual access from Airline Hwy and N Elm St
• Surrounding retailers include O’Reilly Auto Parts, Bridge House Super Thrift Store, and more
• Pylon signage available