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    497 Terry Pkwy Terrytown, LA 70056

    Sponsored
    For Lease
    $13 SF/Yr ($17,550 /Mo)

    15,600 SF Retail Space Available

    Lot size:
    15,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15,600-square-foot free-standing retail building, situated on a 1.39-acre lot (60,332 sq ft) in Terrytown, Louisiana, presents a unique investment opportunity. Built in 1997, this single-story structure offers a blank canvas for a new tenant, previously occupied by a Rite Aid. The property features ample parking (78 spaces), prominent glass storefronts, a covered walkway, excellent signage opportunities, a dedicated service and delivery area, and easy customer access. Located at the highly trafficked, signalized intersection of Terry Parkway and Stumpf Boulevard—one of the busiest retail intersections in Jefferson Parish's Westbank submarket—this hard-corner location ensures maximum visibility and accessibility. The space is currently available in its entirety (15,600 sq ft), offering a substantial footprint for a variety of retail or restaurant concepts. The minimum divisible space is 12,000 square feet, with the potential to expand up to an additional 3,600 square feet. This prime location in the thriving Westbank submarket of Jefferson Parish, Louisiana (zip code 70056), offers unparalleled potential for a discerning tenant seeking high visibility and convenient access for their business. The property's shell condition allows for complete customization to suit the needs of a future operator.

    Property Features for 497 Terry Pkwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,600 SF
    Total Rate
    17550

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 497
    Size
    15,600 SF
    Rate per SF
    $13

    HighLights

    • Hard corner, signalized intersection of Terry Parkway and Stumpf Boulevard in Terrytown, LA.
    • 15,600 SF free‑standing retail building on a 1.39‑acre lot.
    • Ample parking (78 spaces).
    • Former drive‑thru pharmacy window.
    Property Profile Location Intelligence

    Current Use by Public Records

    CDReload - Online Bitcoin ... Crypto Atm Hieu Luu Pharmacy Long Tran Pharmacy higi Health Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Terrytown
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.0292499
    Latitude
    29.9081795

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    Nearby Similar for Lease

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    • $15 SF/Yr
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      Terrytown Retail Center Opportunity

      High-visibility retail space in Terrytown, LA.
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    FAQs

    What type of property is this?
    Neighborhood center - 15,600 SF Retail Space Available
    Where is this neighborhood center located?
    The property is located at 497 Terry Pkwy Terrytown, LA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Hard corner, signalized intersection of Terry Parkway and Stumpf Boulevard in Terrytown, LA.; 15,600 SF free-standing retail building on a 1.39-acre lot.; Ample parking (78 spaces).
    Request Owner's contact information
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    Terrytown, LA 70056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    497 Terry Pkwy Terrytown, LA 70056
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