Spaces For Lease

at 5038 W Esplanade Avenue

Available Space $4,500/Mo

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Listing Agency: Corporate Realty - Main Office

Listed By: Sydney Anderson · License #995682176 Show Phone

Source: Lacdb.resimplifi

Added: May 1, 2022 Changed: Oct 9 Last Checked: Oct 24 at 1:38PM

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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

Contact the owner directly Get the owner's phone numbers and email

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

Explore this area Business Placement

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

Market

Lease Benchmarks for Metairie, LA

$30.22 /SF/Yr

Avg Asking Price

$1.15–$256 /SF/Yr

Price Range

12,436 SF

Avg Space Size

This space is priced 64% below the average of $30.22 /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

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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