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Retail Space Across from Mall
For Lease
$5,500/Mo Modified Gross

3000 Severn Ave, Metairie, LA 70002

Retail space sits beside a grocery store with established co-tenants.

Space SizeContact for details
Days on Market31

Property Features for 3000 Severn Ave

General Information

Standard status Active
Property subtype Retail
Lease Type Modified Gross

Spaces For Lease

at 3000 Severn Ave Contact us

Available Space $5,500/Mo

Contact us
Listing Agency: The McEnery Company Inc
Listed By: Troy Hagstette
Source: Lacdb.resimplifi
Added: Aug 1 Changed: Aug 30 Last Checked: Aug 30 at 9:48PM

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 The McEnery Company Inc

Investment Insights

Based on property information with market context.

The offering comprises 12,121 square feet of retail space at 3000 Severn Ave in Metairie. The premises are occupied today, with the existing tenant scheduled to leave when a lease is signed, creating a clear transition for the next occupant.

The property is positioned across from Lakeside Mall and next to Breaxmart Grocery Store. Other occupants in the center include Orleans Shoe and Vivi Bubble Tea, providing an established retail setting along Severn Avenue.

Key Highlights

  • 12,121 square feet of retail space
  • Across from Lakeside Mall
  • Adjacent to Breaxmart Grocery Store

Property Analytics

Current Use

Sid's Gifts (Bike/Boat/Book/etc) Store Sid's Hallmark (Bike/Boat/Book/etc) Store The Good Feet Store Orthotics & Prosthetics Service Cejas threading studio Spiritual Center Blush Nail Lounge ... Nail Salon

Suggested Use

Top Pick Building Supply Garden Center Big Box & Wholesale Store Auto Parts Store Storage Facility Parking Lot & Garage

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
$0.82 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,552
Businesses Nearby

Demographics for 70002, LA

19,857
Population
9,585
Households
2.1
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
6,205
Density / Sq Mi
$65,576
Median Household Income
$50,983
Median Earnings
$1,128
Median Rent
$379,400
Median Home Value

Market

Lease Benchmarks for Metairie, LA

$36.87 /SF/Yr
Avg Asking Price
$12–$68.11 /SF/Yr
Price Range
3,190 SF
Avg Space Size

This space is priced 85% below the average of $36.87 /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 - Retail space sits beside a grocery store with established co-tenants.
Where is this retail space located?
The property is located at 3000 Severn Ave Metairie, LA.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: 12,121 square feet of retail space; Across from Lakeside Mall; Adjacent to Breaxmart Grocery Store
More about this property
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