3216 W Esplanade Ave

Retail: Strip Center

3216 W Esplanade Ave, MetairieLA 70002

Property Details

Location

Address
3216 W Esplanade Ave, MetairieLA 70002
County
Jefferson Parish
Submarket
Airport-Metairie-Kenner
Center/Park Name
Petite Esplanade Shopping Center
In Opportunity Zone
Yes

Building Size

Building Size
16,759 SF

Building Details

Type
 Retail: Strip Center
Number of Buildings
1
Occupancy Type
Multi-tenant
Building Class
Building Status
Existing
Floors
1
Year Built
Sprinklers
Primary Const.
Framed
Parking Ratio

Land & Utilities

Land (Acres)
0.95 Acres
Land (SF)
41,510 SF
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Property for Sale

16,759 SF$3,600,000
SVN Urban Properties

Petite Esplanade Shopping Center presents a well-positioned, highly accessible retail strip center asset that is fully occupied. Situated on a 38,648SF (0.89 acres) site with attractive frontage along West Esplanade Avenue, the center's gross building area is 16,759SF made up of two adjacent buildings. The center's zoning is BC2. There are 60+ parking spaces onsite. 7.5% cap rate.

11 units are within Petite Esplanade, with space sizes ranging from approximately 900SF to approximately 4900SF. Bistro Orleans is the largest tenant in the center on a PSF basis, comprising roughly 29% of the center's gross building area.

Please inquire for lease information and a rent roll. Please do not approach or disturb any tenants in the center.

SVN Urban Properties

Petite Esplanade Shopping Center presents a well-positioned, highly accessible retail strip center asset that is fully occupied. Situated on a 38,648SF (0.89 acres) site with attractive frontage along West Esplanade Avenue, the center's gross building area is 16,759SF made up of two adjacent buildings. The center's zoning is BC2. There are 60+ parking spaces onsite. 7.5% cap rate.

11 units are within Petite Esplanade, with space sizes ranging from approximately 900SF to approximately 4900SF. Bistro Orleans is the largest tenant in the center on a PSF basis, comprising roughly 29% of the center's gross building area.

Please inquire for lease information and a rent roll. Please do not approach or disturb any tenants in the center.

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Petite Esplanade Shopping Center

16,759 SF$3,250,000
Cap Rate: 8%
SVN Urban Properties

Petite Esplanade Shopping Center presents a well-positioned, highly accessible retail strip center asset that is fully occupied. Situated on a 38,648SF (0.89 acres) site with attractive frontage along West Esplanade Avenue, the center's gross building area is 16,759SF made up of two adjacent buildings. The center's zoning is BC2. There are 60+ parking spaces onsite.

11 units are within Petite Esplanade, with space sizes ranging from approximately 900SF to approximately 4900SF. Bistro Orleans is the largest tenant in the center on a PSF basis, comprising roughly 29% of the center's gross building area.

Please inquire for lease information and a rent roll. Please do not approach or disturb any tenants in the center.

SVN Urban Properties

Petite Esplanade Shopping Center presents a well-positioned, highly accessible retail strip center asset that is fully occupied. Situated on a 38,648SF (0.89 acres) site with attractive frontage along West Esplanade Avenue, the center's gross building area is 16,759SF made up of two adjacent buildings. The center's zoning is BC2. There are 60+ parking spaces onsite.

11 units are within Petite Esplanade, with space sizes ranging from approximately 900SF to approximately 4900SF. Bistro Orleans is the largest tenant in the center on a PSF basis, comprising roughly 29% of the center's gross building area.

Please inquire for lease information and a rent roll. Please do not approach or disturb any tenants in the center.

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BROKER

Source: LACDB

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