393-397 W Esplanade Ave 77,786 SF 94% Leased Retail Building Kenner, LA 70065 $12,712,542 CAD ($163.43 CAD/SF) 8.06% Cap Rate

Kenner Center is a well-established retail destination positioned near the intersection of West Esplanade Avenue and Loyola Drive, minutes from Louis Armstrong New Orleans International Airport. Anchored by Ollie’s Bargain Outlet, Dollar Tree, and the recently opened AutoZone, the center benefits from a balanced mix of value retail, daily-needs shopping, and destination-driven service. Ollie’s, the only East Bank location in the New Orleans market, serves as a major regional draw, while Dollar Tree and AutoZone deliver strong, steady customer traffic that reinforces the center’s long-term stability.
The property’s location near Chateau Estates and Country Club, Walmart Supercenter, and Ochsner Health Center adds to its enduring appeal, attracting both daily-use consumers and surrounding residential communities. With convenient access to I-10 and Veterans Boulevard, Kenner Center offers excellent visibility and connectivity throughout the greater New Orleans metro area, making it a compelling opportunity for investors seeking a stable retail asset in a proven market.
Property has a new roof in 2024 with 20 year warranty.
Property has a new paint job as of January 2026.
Buyer's broker fee to be paid by buyer.
± 78,000 SF multi-tenant retail center
Anchored by Ollie’s Bargain Outlet (only East Bank location)
High occupancy with historically low tenant turnover
Surrounded by major traffic drivers including Walmart and Ochsner Health Center
Near Chateau Estates and Country Club
Convenient access to I-10 and Veterans Boulevard and minutes from Louis Armstrong New Orleans International Airport
200 surface parking spaces
Zoned C-2
New roof in 2024 with 20 year warranty
Property has a new paint job as of January 2026.