5741 crowder boulevard
new orleans, LA 70126

new orleans, LA 70126 Directions


  • 48,000 sqft
  • Fullscreen

Offered at a 9.8% cap. Crystal Plaza is a 22 unit cash flowing shopping center located 1 block off I-10 interstate in New Orleans East. Plaza is a mixture of local and national tenants w/ long term leases in place. Current gross revenue :$464,400. 1 vacancy (18,000 sq ft box).Owner pays for the taxes, insurance, water, trash, lights, maintenance & Ground keeper. Total expenses:$99,400.The NOI is $365,000. Major Value add opportunity & outparcel option.HVAC system/roof replaced 5 years ago.see rent roll

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General Information

Current List Price
Square Feet
Listed Date
Feb 9, 2020




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Listing courtesy of PATRICK D MANSOUR at BHHS- United Properties

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