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Retail Space in Metairie Center
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3114 Severn Ave, Metairie, LA 70002

Prime retail space for lease in high-traffic Metairie location.

Space Size2,107 SF
Days on Market649

Property Features for 3114 Severn Ave

General Information

Standard status Active
Size 2,107 SF
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 3114 Severn Ave Contact us

Suite B

Size
2,107 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: 1st Lake Properties
Listed By: Chase Ganier · License #LA
Source: Crexi
Added: Oct 29, 2024 Changed: Aug 8 Last Checked: Aug 8 at 2:56PM

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 1st Lake Properties

Investment Insights

Based on property information with market context.

The Severn Shopping Center, located in Metairie, LA, offers retail space for lease on Severn Ave. This high-traffic area is situated off Veterans Blvd, near Lakeside Mall, the Causeway, and Interstate 10. The location benefits from its position on a popular Mardi Gras route, providing visibility and convenient access to shopping, dining, and entertainment options. Free public parking is available for customers and employees. This location presents an opportunity for retail businesses.

Key Highlights

  • High‑traffic location on Severn Ave, near Veterans Blvd, Lakeside Mall, Causeway, and I‑10
  • Excellent visibility due to its location on a popular Mardi Gras route
  • Convenient access to shopping, dining, and entertainment

Property Analytics

Current Use

Pearl's Place Clothing & Fashion Store Yahrow's goal of living Housing Complex jstone (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Garden Center Storage Facility Parking Lot & Garage Auto Parts Store Big Box & Wholesale 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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,767
Businesses Nearby
34k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 60% Shops & Services 22% Beauty & Spa 12% Apparel 7%
Wendy's Dining
18,407 visits/mo 0.3 miles
Circle K Shops & Services
6,288 visits/mo 0.5 miles
My Salon Suite Beauty & Spa
4,018 visits/mo 0.5 miles
Jos. A. Bank Clothiers Inc. Apparel
2,344 visits/mo 0.3 miles
Kung Fu Tea Dining
2,148 visits/mo 0.5 miles

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Prime retail space for lease in high-traffic Metairie location.
Where is this shopping center located?
The property is located at 3114 Severn Ave Metairie, LA.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on Severn Ave, near Veterans Blvd, Lakeside Mall, Causeway, and I‑10; Excellent visibility due to its location on a popular Mardi Gras route; Convenient access to shopping, dining, and entertainment
More about this property
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