111 Wright Avenue, New Orleans, Orleans 70056

Description

Sold! August 2024.

Available for sale and serving as an outparcel for the Terry Parkway Plaza, 111 Wright offers two freestanding retail buildings available as a single parcel. 111 Wright Unit A is fully leased to an events space, currently generating $4,000/mo NNN and standing at ~4,000 SF. Unit B, at ~3,500 SF, is currently in shell condition and is available for occupancy. The two properties face each other and share a large parking area, with primary access along Terry Pkwy or on Wright Avenue. Both properties are in need of new roofs, which is factored into the list price. The property is ideal for investment or an owner-operator looking for additional income from the leased space.

The site is located on high-traffic Terry Parkway and is steps from the Oakwood shopping center, a large scale regional shopping mall with tenants such as Dillards, JC Penny, H&M, and many many others.

For additional information, see linked 111 Wright Avenue Sale Brochure

Detail

Zoning
C-1

Property Size
7,409 SqFt

Property Type
Retail