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    400 Veterans Blvd Metairie, LA 70005

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    For Lease
    $25 SF/Yr ($11,429 /Mo)

    Well-maintained retail building on a hard corner, available November 1, 2021.

    Property size:
    5,486 SF
    Lot size:
    5,486 SF

    Property Features for 400 Veterans Blvd

    General Information

    Size
    5,486 SF

    Source: Michael Naquin, CCIM Agent Michael Naquin, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Stand Alone Retail Building Available

    This well-maintained, stand-alone building is located on the hard corner of Veterans Blvd and Papworth Ave. Formerly a Hair Salon and T-Mobile, the entire building will be available for the first time in over 20 years, starting November 1, 2021. The property has C-2 zoning and 27 parking spaces. The location experiences an average annual daily traffic count exceeding 40,000 vehicles. This property lends itself to a wide range of uses. Area retailers include Canes, McDonald's, Fresh Market, Winn-Dixie, Dorignac's Grocery, and Joann's Fabrics. The property size is approximately 5,486 square feet. Building measurements are approximate and should be verified by the tenant.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Metairie
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.151098
    Latitude
    30.002698

    Nearby Similar for Lease

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      New Retail Center in Metairie

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    FAQs

    What type of property is this?
    Retail space - Well-maintained retail building on a hard corner, available November 1, 2021.
    Where is this retail space located?
    The property is located at 400 Veterans Blvd Metairie, LA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on the hard corner of Veterans Blvd. and Papworth Ave. (40K+ AADT); - C-2 zoning allows for a wide range of uses.; - Stand-alone building available for the first time in over 20 years.
    (504) 444-3972
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    400 Veterans Blvd Metairie, LA 70005
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    Metairie, LA 70005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 Veterans Blvd Metairie, LA 70005
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