6021-6027 Chef Menteur Highway

Vacant Land for Lease
Catylist Listing ID: 28724421
Gross Land Area: 148,104 SF
Lease Rate: $4,900 - 6,900 (Monthly)
$0.40 - 0.56 PSF (Annual)
Lease Types: See Agent
Last Updated: 8/19/2019

Overview / Comments

3.4 acres of vacant land which was the former location of a 52,800 sf shopping center called Tropical Plaza until it was destroyed by Hurricane Katrina. Remaining is a 10,000 sf slab. Included in the sale is an AT&T tower measuring 40' x 40', generating $925.75/month as of September 1, 2011, for 5 years. There remains 4 more five year options to renew. There were 30 Fema trailers located on the rear of the property after Hurricane Katrina.

The back half of the property can be leased for $4,900. The whole property lease price is $6,900.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Northshore / N.O. East
Area Description: Property located at Chef Menteur Highway at Downman Road, with easy access (5 minutes) to Interstate 10, New Orleans East, Louisiana
Zoning Description: C-1, Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,945 87,576 210,459
Median Age: 35.72 34.65 35.51
Households: 1,794 34,011 84,099

Contact

Photograph of Listing Agent

Cathy S McGehee

NAI/Latter & Blum Commercial New Orleans New Orleans, LA 70130
LACDB Member
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