Multi-Unit Retail
1213 W Morris Avenue, Hammond, LA 70403
For Lease
$9,222/Mo NNN
Commercial zoning and flexible leasing allow the two units to be occupied together or separately.
Space SizeContact for details
Property Size10,200 SF
Days on Market3173
Property Features for 1213 W Morris Avenue
General Information
Standard status
Size
Zoning
Lease Type
Additional Details
Divisible
Building Details
Building Size
Year Built
Stories
Listing Agency:
Crescent Commercial Real Estate, LLC
(985) 345-6802
Listed By:
Frank Charles Cali · License #000051187
(985) 320-2549
Source:
Cypresskeyrealty
Added: Mar 1, 2018
Changed: Nov 3
Last Checked: Nov 6 at 2:54AM
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 Crescent Commercial Real Estate, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Units A and B form a 10,200-square-foot retail space in Hammond, Louisiana. The property was built in 1998 and is zoned Com.
The units are available together or individually under a triple-net lease structure.
The units are available together or individually under a triple-net lease structure.
Key Highlights
- 10,200 SF of retail space
- Units A and B can be leased together or separately
- Built in 1998
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
813
Businesses Nearby
Explore this area
Business Placement
Demographics for 70403, LA
29,737
Population
13,577
Households
2.2
Avg Household Size
37
Median Age
24%
College-Educated
84%
High-School Grad
42.3 sq mi
ZIP Area
703
Density / Sq Mi
$50,547
Median Household Income
$32,603
Median Earnings
$992
Median Rent
$207,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Hammond, LA
$16.26 /SF/Yr
Avg Asking Price
$3.29–$32.14 /SF/Yr
Price Range
10,240 SF
Avg Space Size
This space is priced 33% below the average of $16.26 /SF/Yr.
Average Price Trend$/SF/Yr for Retail space in Hammond, LA
Properties on Market for Retail space in Hammond
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial zoning and flexible leasing allow the two units to be occupied together or separately.
Where is this retail space located?
The property is located at 1213 W Morris Avenue Hammond, LA.
What is the lease rate?
The lease rate is $9,222/Mo.
What are key features of this property?
This property features: 10,200 SF of retail space; Units A and B can be leased together or separately; Built in 1998
