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Medical Office Suite
For Lease
$2,500/Mo

8736 CHEF MENTEUR Highway 1, New Orleans, LA 70127

A former physician’s practice includes front parking and a gross lease, with utilities paid by the tenant.

Space SizeContact for details
Property Size2,300 SF
Days on Market68

Property Features for 8736 CHEF MENTEUR Highway 1

General Information

Standard status Active
Size 2,300 SF
Property subtype Office
Lease Type Gross

Site & Location

Neighborhood Read Blvd West
Highway Access Yes

Additional Details

Space Use Medical Office
Opportunity Zone Yes

Building Details

Building Size 2,300 SF
Year Built 1973
Listing Agency: Charbonnet and Co. Realtors
Listed By: Courtney Charbonnet
Source: Charbonnetcorealtors
Added: Aug 23 Changed: Oct 27 Last Checked: Oct 27 at 3:59AM

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 Charbonnet and Co. Realtors

Rey
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Investment Insights

Based on property information with market context.

Suite 1 offers 2,300 square feet of medical office space in a building constructed in 1973. The space was previously used as a doctor’s office, and the lease is structured as gross, with utilities paid by the tenant.

Front parking is available for the tenant, staff, and customers. The rear lot is excluded from the lease and cannot be used for parking or tenant purposes. The property is on Chef Menteur Highway in New Orleans.

Key Highlights

  • 2,300 square feet of medical office space
  • Suite 1 available for lease
  • Previously used as a doctor’s office

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mc Neil Kimberly ... Pediatrician McNeil Pediatrics Medical Clinic Dr. Kimberly C. ... Pediatrician Harris Carolyn M ... Dental Office

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Law Firm Big Box & Wholesale Store

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

284
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70127, LA

24,332
Population
10,719
Households
2.3
Avg Household Size
35
Median Age
25%
College-Educated
86%
High-School Grad
5.5 sq mi
ZIP Area
4,424
Density / Sq Mi
$41,548
Median Household Income
$30,817
Median Earnings
$1,060
Median Rent
$191,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New Orleans, LA

$19.47 /SF/Yr
Avg Asking Price
$3.09–$28.5 /SF/Yr
Price Range
10,584 SF
Avg Space Size

This space is priced 33% below the average of $19.47 /SF/Yr.

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - A former physician’s practice includes front parking and a gross lease, with utilities paid by the tenant.
Where is this medical office space located?
The property is located at 8736 CHEF MENTEUR Highway 1 New Orleans, LA.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 2,300 square feet of medical office space; Suite 1 available for lease; Previously used as a doctor’s office
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