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Retail Space in Millstream Center
For Lease
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3440 Division Street, Metairie, LA 70002

Retail property for lease in a high-traffic Metairie location.

Space Size933 SF - 1,280 SF
Days on Market648

Property Features for 3440 Division Street

General Information

Standard status Active
Size 933 SF - 1,280 SF
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 3440 Division Street Contact us

Suite E

Size
1,280 SF
Availability
Active
Contact us

Suite F

Size
969 SF
Availability
Active
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Suite J

Size
933 SF
Availability
Active
Contact us
Listing Agency: 1st Lake Properties
Listed By: Chase Ganier · License #LA
Source: Crexi
Added: Dec 2, 2024 Changed: Sep 7 Last Checked: Sep 11 at 5:58AM

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.

Millstream Retail Center, located in Metairie, Louisiana, offers retail property for lease one block from Veterans Boulevard, behind Barnes and Noble. The shopping center is positioned as an ideal location for businesses seeking a new site or relocation. Veterans Boulevard is a thriving economic hub with restaurants, shopping, and entertainment, minutes from New Orleans. The high-traffic area provides exposure for businesses. The Millstream Shopping Center hosts established tenants, including a professional learning center and a hair salon, attracting a diverse clientele and maintaining traffic flow. The center provides free public parking for customers and employees.

Key Highlights

  • High‑traffic location just one block from Veterans Blvd.
  • Ample free public parking.
  • Ideal for starting or relocating your business.

Property Analytics

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Current Use

Kumon Math and Reading ... Tutoring Service Inspirations Hair Salon Relax Centre Alternative Medicine Practice Weiler Plastic Surgery Spa & Massage Center Iman The Label Clothing & Fashion Store

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Florist Daycare Center Locksmith Pet Grooming Service

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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,782
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Metairie, LA

$30.85 /SF/Yr
Avg Asking Price
$12–$50 /SF/Yr
Price Range
38,678 SF
Avg Space Size

This space is priced 32% below the average of $30.85 /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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail property for lease in a high-traffic Metairie location.
Where is this shopping center located?
The property is located at 3440 Division Street Metairie, LA.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: High‑traffic location just one block from Veterans Blvd.; Ample free public parking.; Ideal for starting or relocating your business.
More about this property
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