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Flex Space with Showroom
For Lease
$16.50 SF/Yr

3131 Elysian Fields Avenue, New Orleans, LA 70122

Versatile commercial space combines offices, showroom area, warehouse functions, and outdoor operating space.

Space SizeContact for details
Days on Market108

Property Features for 3131 Elysian Fields Avenue

General Information

Standard status Active
Property subtype FlexIndustrial
Listing Agency: CBRE
Listed By: Bryce French · License #0995690959
Source: Cbre
Added: May 16 Changed: Aug 29 Last Checked: Aug 30 at 1:54PM

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 CBRE

Investment Insights

Based on property information with market context.

This 14,848 SF flex property includes approximately 7,300 SF of office space, approximately 2,500 SF of showroom area, and approximately 5,000 SF of warehouse space. The warehouse is equipped with 3-phase 277/480 power, one grade-level door, and a fire sprinkler system. Interior improvements include modern LED lighting and a security system, while the building has both on-building and monument signage.

Outdoor features support storage, parking, and vehicle circulation. The property includes a 0.5-acre laydown yard with subsurface drainage, a drive-thru area, and a 0.40-acre front parking lot with 34 spaces. The laydown yard provides an additional 51 parking spaces, creating a combined parking count of 85 spaces across the front lot and yard.

Key Highlights

  • 14,848 SF flex property with approximately 7,300 SF office, 2,500 SF showroom, and 5,000 SF warehouse space
  • Warehouse includes 3‑phase 277/480 power, one grade‑level door, and a fire sprinkler system
  • 0.5‑acre laydown yard with subsurface drainage and additional operating space

Property Analytics

Current Use

Cox Store - Moving ... Telecommunications Service New Beginnings Schools ... High School

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center HVAC Service 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
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70122, LA

34,986
Population
17,131
Households
2
Avg Household Size
39
Median Age
37%
College-Educated
89%
High-School Grad
6.3 sq mi
ZIP Area
5,553
Density / Sq Mi
$47,613
Median Household Income
$38,248
Median Earnings
$1,196
Median Rent
$274,700
Median Home Value

Market

Lease Benchmarks for New Orleans, LA

$13.25 /SF/Yr
Avg Asking Price
$5.25–$20.93 /SF/Yr
Price Range
13,759 SF
Avg Space Size

This space is priced 25% above the average of $13.25 /SF/Yr.

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial space combines offices, showroom area, warehouse functions, and outdoor operating space.
Where is this flex space located?
The property is located at 3131 Elysian Fields Avenue New Orleans, LA.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: 14,848 SF flex property with approximately 7,300 SF office, 2,500 SF showroom, and 5,000 SF warehouse space; Warehouse includes 3‑phase 277/480 power, one grade‑level door, and a fire sprinkler system; 0.5‑acre laydown yard with subsurface drainage and additional operating space
More about this property
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