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Flex Warehouse and Office Suites
For Lease
$12 SF/Yr

408 Commerce Point, Elmwood, LA 70123

Multi-suite flex property with office and warehouse options, plus parking directly at suite entrances.

Space SizeContact for details
Days on Market114

Property Features for 408 Commerce Point

General Information

Standard status Active
Property subtype Industrial
Zoning IMU
Lease Type NNN

Additional Details

Highway Access Yes
Office Units 6

Building Details

Tenancy Multi

Spaces For Lease

at 408 Commerce Point Contact us

Available Space $13.86/Mo

Contact us

Available Space $12/Mo

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Listing Agency: NAI Rampart Commercial Real Estate New Orleans
Listed By: Judith Slack · License #BROK.0000010057.A-ASA
Source: Lacdb.resimplifi
Added: May 18 Changed: Sep 5 Last Checked: Sep 8 at 4:02AM

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 NAI Rampart Commercial Real Estate New Orleans

Investment Insights

Based on property information with market context.

408 Commerce Point is a mixed-use commercial property totaling approximately 8,350 square feet, offering both industrial warehouse space and small-format office suites within a service-center style configuration. The building contains 6 suites, and some of the suites include warehouse space alongside office areas.

The property is located in Elmwood within Jefferson Parish’s business district and is described as being surrounded by distribution centers, service businesses, retail, and office parks. Access is positioned to serve regional routes, with quick access to Clearview Parkway, Airline Drive, and Huey P. Long Bridge, and nearby commercial corridors include Harahan, River Ridge, and Metairie.

For tenants seeking a convenient setup, the suite design supports day-to-day access, with parking located right at the suite entrances. This makes the space well-suited for business operations that benefit from a mix of office functionality and warehouse space, particularly where frequent arrivals and service activity are part of the workflow.

Key Highlights

  • Approximately 8,350 sq. ft. mixed‑use commercial building with industrial warehouse space and small‑format office suites
  • 6 service center‑style suites, with some suites including warehouse space
  • Parking is located right at the suite entrances

Property Analytics

Current Use

Kajun Kettle Foods Big Box & Wholesale Store Cybertronics Medical Clinic Method Exteriors Roofing Company LA Networx Information Services

Suggested Use

Top Pick Real Estate Agency Dental Office Grocery & Convenience Store Parking Lot & Garage Hair Salon Nail Salon

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

6
Office units
Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,219
Businesses Nearby
Balanced
Demand for This Use

Demographics for 70123, LA

27,346
Population
14,297
Households
1.9
Avg Household Size
44
Median Age
44%
College-Educated
94%
High-School Grad
7.6 sq mi
ZIP Area
3,598
Density / Sq Mi
$82,639
Median Household Income
$52,709
Median Earnings
$1,310
Median Rent
$318,000
Median Home Value

Market

Lease Benchmarks for Elmwood, LA

$12.69 /SF/Yr
Avg Asking Price
$5.25–$29.43 /SF/Yr
Price Range
18,962 SF
Avg Space Size

This space is priced 5% below the average of $12.69 /SF/Yr.

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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • American Roadshow Catering 1205 N Al Davis Rd, New Orleans, LA 70123

Frequently Asked Questions

What type of property is this?
Flex space - Multi-suite flex property with office and warehouse options, plus parking directly at suite entrances.
Where is this flex space located?
The property is located at 408 Commerce Point Elmwood, LA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Approximately 8,350 sq. ft. mixed‑use commercial building with industrial warehouse space and small‑format office suites; 6 service center‑style suites, with some suites including warehouse space; Parking is located right at the suite entrances
More about this property
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