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High-Visibility Office Building
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302-1919 Veterans Memorial Blvd, Kenner, LA 70062

Office building offering two available spaces with strong visibility on a Veterans Memorial Blvd and Williams Blvd corridor.

Property Size500 SF
Price / SF$2.13
Days on Market229

Property Features for 302-1919 Veterans Memorial Blvd

General Information

Standard status Active
Size 500 SF
Listing Agency: Southeast Commercial of MS, LLC
Listed By: Matthew Eaton · License #000072493
Source: Exprealty
Added: Mar 4 Changed: Oct 2 Last Checked: Oct 16 at 11:41AM

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 Southeast Commercial of MS, LLC

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Investment Insights

Based on property information with market context.

This office building at 302-1919 Veterans Memorial Blvd in Kenner, LA is positioned for visibility along Veterans Memorial Blvd and Williams Blvd. The building is currently offering two available spaces, making it suitable for tenants seeking an office setup within an established commercial address.

Public remarks indicate the location benefits from high traffic counts on the corridor, which can support walk-in and general exposure for businesses that rely on consistent local presence.

The offering includes a minimum 3-year lease term for the available spaces, with the balance of the building accommodating additional office operations as currently configured.

Key Highlights

  • Office building with strong visibility on Veterans Memorial Blvd and Williams Blvd
  • Located on a high‑traffic corridor with high traffic counts
  • Currently offering 2 available office spaces in the building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,937
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,740 $138.7K
Cap Rate 7%
$99,100 $99.1K
Cap Rate 9%
$77,078 $77.1K
Market Conditions
NOI Build-Up for 500 SF
Gross rent
$11.3K $22.56/SF
− Vacancy
−$2.0K −$4.06/SF
EGI
$9.2K $18.50/SF
− OpEx
−$2.3K −$4.62/SF
NOI
$6.9K $13.87/SF
Area
Jefferson County, LA
Vacancy
18.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$138,740
Cap Rate 7%
$99,100
Cap Rate 9%
$77,078

Alternative Uses

Best Use
Office B
$99.1K
$86.7K – $115.6K (±1% cap)
NOI $6,937 @ 7.0% cap · market cap 650.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$131.9K
$115.4K – $153.9K (±1% cap)
NOI $9,234 @ 7.0% cap · market cap 866.23%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Spa & Massage Center Hair Salon Law Firm Nail Salon Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

688
Businesses Nearby

Demographics for 70062, LA

16,627
Population
6,679
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
77%
High-School Grad
7.1 sq mi
ZIP Area
2,342
Density / Sq Mi
$55,293
Median Household Income
$33,499
Median Earnings
$1,150
Median Rent
$197,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - Office building offering two available spaces with strong visibility on a Veterans Memorial Blvd and Williams Blvd corridor.
Where is this office building located?
The property is located at 302-1919 Veterans Memorial Blvd Kenner, LA.
What are key features of this property?
This property features: Office building with strong visibility on Veterans Memorial Blvd and Williams Blvd; Located on a high‑traffic corridor with high traffic counts; Currently offering 2 available office spaces in the building
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