1205 Broadway
1205 Broadway St, Vancouver, WA, 98660-3238, US
1,238 m²
Asset Description
Jones Lang Lasalle is pleased to announce the opportunity to acquire Pinnacle Nord Du Lac, a 215,058 SF multi-anchor retail center located in New Orleans, LA. The property sits in one of New Orleans’ most sought-after submarkets “North Shore” with incomes exceeding $140,000, a dominant retail corridor with key anchors and proximity to new Costco Wholesale and Floor & Decor.
Pinnacle Nord Du Lac benefits from boasting a solid anchor tenant lineup, with significant value creation potential through lease-up and optional disposition, this property presents a unique chance for investors to capitalize on its super-regional drawing power and extended trade area reach. The center features an array of national/regional tenants including Hobby Lobby, Academy Sports and Outdoors, Dollar Tree, along with several regional/local tenants.
Please reach out to the deal team to learn more about this opportunity.
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Attributes
Building area net
19,980 m²
Occupancy
96%
Year built
2010
Land area net
19.02 ha
Media
Investment Highlights
Super Regional Retail Destination With 50+ Mile Extended Trade Area
Dominant Retail Corridor With Explosive Growth
Best-In-Class Anchor Line Up and Adjacent To New Costco Wholesale And Floor & Decor
Located Within The Highly Affluent New Orleans “North Shore” Neighborhood With AHHI Of ~$140K
Value Creation Potential Via Lease Up And Disposition Optionality
Significant Discount To Replacement Cost
Contact brokers
Pinnacle Nord Du Lac (0 Properties)
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Last updated
16 May 2024
