Highway 51 Retail
For Lease
$1,800/Mo
47011 North Morrison Boulevard, Hammond, LA 70401
Hammond, LA
Space SizeContact for details
Days on Market12
Property Features for 47011 North Morrison Boulevard
General Information
Property type
Commercial Lease
Property subtype
Other
Standard status
Active
Size
1,440 SF
Building Details
Year built
2001
Listing Agency:
NextHome Real Estate Professionals
(985) 429-0777
Listed By:
Patricia Lamonte
(985) 507-6175
Added: Oct 26
Changed: Nov 4
Last Checked: Nov 6 at 6:06AM
MLS# 2466113
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Investment Insights
Based on property information with market context.
This 1,440-square-foot retail space is in a property built in 2001. The listing identifies office, showroom, and retail use options, with the space offered under a gross lease.
The property is on North Morrison Boulevard, also identified as Highway 51. I-55 and University Avenue are noted as convenient access routes.
The property is on North Morrison Boulevard, also identified as Highway 51. I-55 and University Avenue are noted as convenient access routes.
Key Highlights
- 1,440 square feet of retail space
- Gross lease structure
- Office, showroom, or retail use options
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Hammond, LA
$16.26 /SF/Yr
Avg Asking Price
$3.29–$32.14 /SF/Yr
Price Range
10,240 SF
Avg Space Size
This space is priced 8% below the average of $16.26 /SF/Yr.
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The space is offered on a gross lease and can accommodate retail, showroom, or office use.
Where is this retail space located?
The property is located at 47011 North Morrison Boulevard Hammond, LA.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 1,440 square feet of retail space; Gross lease structure; Office, showroom, or retail use options
