NNN Multi-Tenant Investment Retail Property - For Sale
7801 Airline Dr Metairie, LA 70003

Overview
**Invest in the M.A. Green Shopping Center in Metairie, LA - A Prime Multi-Tenant Retail Investment Opportunity!** This well-located shopping center is for sale and presents a fantastic opportunity to capitalize on a thriving market. Benefit from established tenancy featuring national retailers, ensuring stable income. Strategically positioned with direct exposure to high-volume airport traffic from Louis Armstrong International Airport, and a dense residential base with 97,000 residents within a 5-mile radius, driving consistent foot traffic. The center also benefits from strong street traffic exceeding 40,000 vehicles daily. With vacancy upside and a synergistic tenant mix, the M.A. Green Shopping Center offers significant potential for ROI in the desirable Metairie area. Contact us today to learn more about this lucrative retail investment property**!
To access the complete Offering Memorandum with financials, please visit our CBRE Deal Room using the link provided below.
Attachments
Links
For Sale
Secondary Uses: Strip Center
- Sale Price
- $12,223,535
- Price Per SF
- $117.3/SF
- Cap Rate
- 9.25%
- Building Size
- 104,183 SF
- Acres
- 6.45 ac
- Zoning Description
- General Commercial District
- Net Operating Income
- $1,130,677
- Building Name
- M.A. Green Shopping Center
- Year Built
- 1991
- Parking Spaces
- 400
- Property Status
- Existing
- Vehicles Per Day
- 40,000 VPD
- Average Occupancy Rate
- 93%
- Has Drive Thru
- Yes
- Is End Cap
- Yes
- County
- Jefferson Parish
- Available
- 2025-07-02
- Created
- 2025-07-02
- Updated
- 2025-07-02
- Listing ID
- d242b11b
- Parcel APN
- 910006632