New Office Building with
For Lease
$34 SF/Yr
754 Papworth Avenue, Metairie, LA 70005
Newly constructed office space available for lease in Metairie.
Property Size6,000 SF
Days on Market251
Property Features for 754 Papworth Avenue
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Office
Listing Agency:
(504) 957-5759
Listed By:
Paul Richard · License #LA SALE.0000014602-ACT
(504) 957-5759
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 30 at 3:44AM
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 Paul Richard
Investment Insights
Based on property information with market context.
The Avenue Building is a newly constructed, 6,000 square foot office building served by an elevator. It features 23 gated, surface parking spaces. Located just off Veterans, near the 17th Street Canal at the Metairie/New Orleans line, it offers convenient access to I-10, Bonnabel Boulevard, and Ponchartrain Boulevard. The remaining office space is located on the second floor. The first floor is occupied by a local wealth management group. One vacancy remains on the second floor, offering 987 square feet. This space is currently being built out and will be available early Fall 2023. The remainder of the second floor has been leased to a consulting firm.
Key Highlights
- Newly constructed ±6,000 SF office building.
- Elevator served building with remaining ±987 SF office space available.
- 23 gated, surface parking spaces.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,170
Businesses Nearby
Explore this area
Business Placement
Demographics for 70005, LA
25,431
Population
12,447
Households
2
Avg Household Size
45
Median Age
50%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
6,055
Density / Sq Mi
$86,048
Median Household Income
$53,258
Median Earnings
$1,160
Median Rent
$381,000
Median Home Value
Market
Lease Benchmarks for Metairie, LA
$25.18 /SF/Yr
Avg Asking Price
$9–$63.75 /SF/Yr
Price Range
1,306 SF
Avg Space Size
This space is priced 35% above the average of $25.18 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Newly constructed office space available for lease in Metairie.
Where is this office units located?
The property is located at 754 Papworth Avenue Metairie, LA.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: Newly constructed ±6,000 SF office building.; Elevator served building with remaining ±987 SF office space available.; 23 gated, surface parking spaces.
