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Retail Space on Esplanade Avenue
For Lease
$4,500/Mo

5038 W Esplanade Avenue, Metairie, LA 70006

5,000 SF retail space available for rent.

Space SizeContact for details
Days on Market1594

Property Features for 5038 W Esplanade Avenue

General Information

Standard status Active
Total Parking Spaces 12
Property subtype Retail
Zoning C1
Lease Type NNN

Amenities

Water
Sewer
12 Parking Spaces

Spaces For Lease

at 5038 W Esplanade Avenue Contact us

Available Space $4,500/Mo

Contact us
Listing Agency: Corporate Realty - Main Office
Listed By: Sydney Anderson · License #995682176
Source: Lacdb.resimplifi
Added: May 1, 2022 Changed: Sep 8 Last Checked: Sep 9 at 5:53AM

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 Corporate Realty - Main Office

Investment Insights

Based on property information with market context.

A 5,000 square foot retail space is available for rent on West Esplanade Avenue in Metairie, Louisiana.

Key Highlights

  • 5,000 SF retail space available for rent

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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
$1.62 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby

Demographics for 70006, LA

16,540
Population
6,645
Households
2.5
Avg Household Size
39
Median Age
38%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
6,362
Density / Sq Mi
$74,049
Median Household Income
$42,120
Median Earnings
$1,206
Median Rent
$333,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Metairie, LA

$32.27 /SF/Yr
Avg Asking Price
$1.48–$256 /SF/Yr
Price Range
11,201 SF
Avg Space Size

This space is priced 67% below the average of $32.27 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 5,000 SF retail space available for rent.
Where is this retail space located?
The property is located at 5038 W Esplanade Avenue Metairie, LA.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: 5,000 SF retail space available for rent
More about this property
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