3429 Service Rd Metairie, LA
Property Features for 3429 Service Rd
General Information
- Size
- 19,735 SF
- Lot size
- 2.03 Acres
Source:
Moodyscre
Listing Agent: Christopher Robertson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Prime Metairie Redevelopment Opportunity
A rare opportunity to purchase or ground lease a combined 4.37-acre site in Metairie, Louisiana, offering direct Interstate 10 visibility. The owners are open to offers on the entire site or Parcels A and B separately. Parcel A features a 3-story office building, known as the Crutcher–Tufts Building, with 30,114 square feet of leasable space. The first and second floors are leased to three tenants: Enterprise Corporate Office, Stanley Security, and State Farm. The third floor is currently vacant. Parcel B is 100% leased to Enterprise for their car rental and sales facility. The leases in both buildings have provisions allowing the owner to cancel the leases with either a 6-month or 12-month notice. This property presents a redevelopment opportunity with income in place. The zoning allows for multi-family, hotel, office, retail, or medical uses. Copies of leases, surveys, income statements, tax records, floor plans, and Phase I environmental reports are available for review upon signing a Confidentiality Agreement. The owners will consider an outright sale of the properties as well as a long-term lease with an option to purchase.
Location Intelligence
Current Use by Public Records
Office buildings
Map
- City
- Metairie
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.1635442
- Latitude
- 29.9797336
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 4.37 acre site with income in place.
Where is this office building located?
The property is located at 3429 Service Rd Metairie, LA.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: - 4.37 acre site in the heart of Metairie, Louisiana.; - Direct Interstate 10 visibility.; - Redevelopment opportunity with income in place.