Mixed-Use Lease Opportunity | Metairie Rd

Retail-Commercial for Lease
Catylist Listing ID: 30805406
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Contiguous Space: 350 - 5,200 SF
Total Available: 6,600 SF
Building Size (RSF): 6,400 SF
Gross Building Area: See Agent
Lease Rate: $6,000 - 75,400 (Annual)
$14.50 - 17.14 PSF (Annual)
Base Monthly Rent: $500 - 6,283
Lease Types: Modified Gross, NNN
Last Updated: 8/15/2022

Overview / Comments

Well-sited Mixed-Use lease opportunity located at the merging of Metairie Rd. and Severn Ave. right off of Airline Drive. 3425 Metairie Rd. offers four second-floor office suites (approx. 350 SF) on a modified gross lease basis and one ground floor retail space (approx. 5,000 SF) on a NNN lease basis with site access and parking spaces on both sides of the building. Additional supplemental parking is located down the block. The property is zoned C-1 (NEIGHBORHOOD COMMERCIAL DISTRICT). All measurements are approximate/not guaranteed and are to be verified by the Lessee. Zoning and Intended Use to be verified by the Lessee.

Expand All 5 Spaces Available

Suite: 1A 350 SF $500 (Monthly) Modified Gross
Suite: 2B 350 SF $500 (Monthly) Modified Gross
Suite: 3C 350 SF $500 (Monthly) Modified Gross
Suite: 4D 350 SF $500 (Monthly) Modified Gross
Suite: Ground Floor 5,200 SF $14.50 PSF (Annual) NNN

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 3130834
Zoning: C-1, COMMERCIAL
Property Visibility: Excellent
Area Description: Metairie, LA
Tenancy: Multiple Tenants
Number of Stories: 2
Parking Description: Street parking.
Zoning Description: This district is composed of certain lands and structures used primarily to provide for the retailing of goods and the furnishing of selected services. Regulations for the district are intended to permit and encourage full development of the necessary commercial uses while at the same time protecting nearby residential areas from possible adverse effects of the commercial activity. It is expected that future commercial uses requiring this district classification will occur as planned compact shopping centers located in proximity to the residential areas to be served. At such time as development of presently undeveloped areas of the parish warrants the provision of additional commercial facilities, the planning director and the planning advisory board will evaluate applications for such neighborhood commercial districts on the basis of the requirements described below. Upon finding by the planning director and the planning advisory board that an area is suitable for and in need of a neighborhood commercial district, the area may be zoned, provided, however, that a time limit may be placed on the zoning action to insure that development of the commercial structure will be carried out within a reasonable time. This limitation is important since a distinguishing feature of the district is the necessity for the actual development to provide the surrounding residential area with the commercial facilities and services essential to stable neighborhoods. In no case will the neighborhood commercial district exceed a maximum area of ten (10) acres. Conditions of fact to be determined by the planning director and the planning advisory board as a basis for neighborhood commercial C-1 classification.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,820 168,661 361,424
Median Age: 43.88 39.8 38.94
Households: 9,441 73,632 154,029

Contact

Photograph of Listing Agent

Reed L Wiley

Latter & Blum Holding Company New Orleans, LA 70130
LACDB Member
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