Pinnacle Nord Du Lac_Property for Sale
Pinnacle Nord Du Lac_Property for Sale
6115 Pinnacle Pkwy, Covington, LA, 70433-9195, US

Pinnacle Nord Du Lac

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
215,058 sf
Occupancy
96%
Year built
2010
Land area net
47 acres

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

Pinnacle Nord Du Lac 4_Property for Sale
Pinnacle Nord Du Lac 4_Property for Sale

Contact brokers

Pinnacle Nord Du Lac (0 Properties)

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Last updated
May 16, 2024