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West Esplanade Retail/Office Space
For Lease
$1,200/Mo

5048 W Esplanade Ave, Metairie, LA 70006

450 sq ft retail/office space in high-traffic Metairie location.

Property Size450 SF
Days on Market260

Property Features for 5048 W Esplanade Ave

General Information

Standard status Active
Size 450 SF
Listing Agency: Anthony Posey Properties, Inc
Listed By: Lauren VanCamp
Source: Exprealty
Added: Nov 12, 2025 Changed: Jul 10 Last Checked: Jul 30 at 1:09PM

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 Anthony Posey Properties, Inc

Investment Insights

Based on property information with market context.

Located on West Esplanade in Metairie, this 450 sq. ft. space is suitable for retail or office use. The property is situated in a high-traffic strip center that offers ample parking. Previous tenants have included a repair shop, computer tech company, software company, retail store, and office space. The unit includes one bathroom located in the back and provides access to an outside backyard. The lessor is open to rental terms of 1 to 5 years. Additional space may be available.

Key Highlights

  • Below market value rent of $1,200 per month for 450 sq. ft. space.
  • Prime location on West Esplanade in Metairie with high visibility.
  • Located in a high‑traffic strip center with ample parking.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Garden Center

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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

579
Businesses Nearby

Demographics for 70006, LA

16,540
Population
6,645
Households
2.5
Avg Household Size
39
Median Age
38%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
6,362
Density / Sq Mi
$74,049
Median Household Income
$42,120
Median Earnings
$1,206
Median Rent
$333,000
Median Home Value

Market

Lease Benchmarks for Metairie, LA

$28.55 /SF/Yr
Avg Asking Price
$16–$50 /SF/Yr
Price Range
4,073 SF
Avg Space Size

This space is priced 12% above the average of $28.55 /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?
Retail space - 450 sq ft retail/office space in high-traffic Metairie location.
Where is this retail space located?
The property is located at 5048 W Esplanade Ave Metairie, LA.
What is the lease rate?
The lease rate is $1,200 /Mo.
What are key features of this property?
This property features: Below market value rent of $1,200 per month for 450 sq. ft. space.; Prime location on West Esplanade in Metairie with high visibility.; Located in a high‑traffic strip center with ample parking.
More about this property
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