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Highway Retail Space
For Lease
$1,600/Mo

47011 N Morrison Boulevard, Hammond, LA 70401

Flexible commercial space for office, showroom, or retail use with a gross lease structure.

Space SizeContact for details
Days on Market35

Property Features for 47011 N Morrison Boulevard

General Information

Standard status Active
Lease Type Gross

Additional Details

Space Use Office
Highway Access Yes

Building Details

Year Built 1984
Listing Agency: NextHome Real Estate Professionals
Listed By: Patricia Latino-Lamonte
Source: Fiorellaavenue
Added: Aug 5 Changed: Sep 8 Last Checked: Sep 7 at 2:31PM

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 NextHome Real Estate Professionals

Investment Insights

Based on property information with market context.

This 1,440-square-foot retail space at 47011 N. Morrison Blvd offers a flexible commercial footprint for office, showroom, or retail operations. The property is offered under a gross lease structure, providing a straightforward occupancy arrangement.

The site fronts Hwy 51/N. Morrison Blvd. in Hammond, with convenient access to I-55 and University Ave. Its highway-oriented position supports a range of customer-facing and business uses, while the adaptable format can accommodate office, showroom, or retail functions.

Key Highlights

  • 1,440 SF retail space
  • Located on Hwy 51/N. Morrison Blvd.
  • Convenient to I‑55 and University Ave.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply HVAC Service Electrical 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

Yes
Highway access
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby

Demographics for 70401, LA

21,014
Population
10,321
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
88%
High-School Grad
34.7 sq mi
ZIP Area
606
Density / Sq Mi
$50,995
Median Household Income
$31,405
Median Earnings
$977
Median Rent
$226,800
Median Home Value

Market

Lease Benchmarks for Hammond, LA

$15.4 /SF/Yr
Avg Asking Price
$3.29–$32.14 /SF/Yr
Price Range
7,304 SF
Avg Space Size

This space is priced 13% below the average of $15.4 /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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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial space for office, showroom, or retail use with a gross lease structure.
Where is this retail space located?
The property is located at 47011 N Morrison Boulevard Hammond, LA.
What is the lease rate?
The lease rate is $1,600/Mo.
What are key features of this property?
This property features: 1,440 SF retail space; Located on Hwy 51/N. Morrison Blvd.; Convenient to I‑55 and University Ave.
More about this property
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