5741 Crowder Blvd is a mixed-use property for lease in New Orleans, LA.
Current Cap Rate 8.03% Projected Cap Rate 11.63%
Total sqft. is 48,000 with 30,000 sqft. occupied. The additional 18,000 sqft. is currently being considered by several potential tenants including a major fitness facility. In addition, the current owner is in possession of the Daiquiri license for the Daiquiri store which there are currently no more licenses being issued in New Orleans. The owner also receives the profits from the poker machines in this location which averages $30,000 per year. Both of these would transfer with the sale. Approx. 182 parking spots.
See attached rent roll.
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