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High-Rise Office Tower
For Lease
$24 SF/Yr

111 Veterans Boulevard, Metairie, LA 70005

Managed office property with on-site services, fitness amenities, parking, and access to public transportation.

Space SizeContact for details
Days on Market4247

Property Features for 111 Veterans Boulevard

General Information

Standard status Active
Property subtype Office
Zoning C2
Lease Type Full Service

Spaces For Lease

at 111 Veterans Boulevard Contact us

Available Space $24/Mo

Contact us
Listing Agency: Stirling New Orleans
Listed By: Gaines Seaman
Source: Lacdb.resimplifi
Added: Jan 15, 2015 Changed: Aug 30 Last Checked: Aug 31 at 12:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stirling New Orleans

Investment Insights

Based on property information with market context.

Heritage Plaza is an 18-story office building containing approximately 353,000 square feet and designated C2 zoning. The property provides professional building management, 24-hour managed security, covered and surface parking, and an extensive collection of on-site services. Amenities include the Ochsner Fitness Center, Sunshine Café, pharmacy, shoe shine service, postal service, dry cleaning, lockers, and Desi Vega’s Seafood & Prime Steaks.

Located at 111 Veterans Boulevard in Metairie, the building is minutes from the New Orleans Central Business District and New Orleans International Airport, with convenient access to interstate highway systems and public transportation. Parking capacity totals 1,200 spaces across covered and surface facilities.

Key Highlights

  • 18‑story office building with approximately 353,000 SF
  • C2 zoning at 111 Veterans Boulevard, Metairie, LA 70005
  • 1,200 total covered and surface parking spaces

Property Analytics

Current Use

BITCO Insurance Companies Financial Advisor The Hanover Insurance Group ... Financial Advisor Randy J. Hernandez, ... Physician Stone Insurance Insurance Agency Russell Obee - Prudential ... Financial Advisor

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility Auto Parts Store Parking Lot & Garage Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,949
Businesses Nearby

Demographics for 70005, LA

25,431
Population
12,447
Households
2
Avg Household Size
45
Median Age
50%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
6,055
Density / Sq Mi
$86,048
Median Household Income
$53,258
Median Earnings
$1,160
Median Rent
$381,000
Median Home Value

Market

Lease Benchmarks for Metairie, LA

$20.4 /SF/Yr
Avg Asking Price
$15–$24 /SF/Yr
Price Range
292,921 SF
Avg Space Size

This space is priced 18% above the average of $20.4 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Managed office property with on-site services, fitness amenities, parking, and access to public transportation.
Where is this office building located?
The property is located at 111 Veterans Boulevard Metairie, LA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 18‑story office building with approximately 353,000 SF; C2 zoning at 111 Veterans Boulevard, Metairie, LA 70005; 1,200 total covered and surface parking spaces
More about this property
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