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    2949 Veterans Blvd Metairie, LA 70002

    Sponsored
    For Lease
    $35 SF/Yr

    Prime Trader Joe's-anchored center. High-traffic location.

    Lot size:
    33,160 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail or office opportunity is located within a thriving shopping center in Metairie, Louisiana, anchored by a high-performing Trader Joe's grocery store—ranking in the top 10% nationally and top 15 in Louisiana. The property, situated at 2949 Veterans Blvd, offers two available spaces totaling 8,299 square feet, with a minimum divisible space of 4,130 square feet and a maximum contiguous space of 4,169 square feet. The center boasts a Class A designation, encompassing two single-story buildings on a 3.4-acre lot (APN 3161606). One space features approximately 35' x 118' of ground floor space, plus an additional 1,087 square feet of second-floor mezzanine office space available at a reduced rate. This space includes an open floor plan, exposed ceilings, and restrooms. The property is zoned C-1 and benefits from its location in a highly sought-after retail corridor along Veterans Boulevard. Strong co-tenancy includes AT&T, Adler's Jewelry, Jefferson Feed, Metairie Modern Dentistry, Keesler Federal Credit Union, and the soon-to-open Sally Beauty. This is an unparalleled opportunity to establish a presence in a vibrant and successful retail environment. The property features no elevators.

    Property Features for 2949 Veterans Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,160 SF
    Class
    A
    Total Rate
    96716.67

    Building Details

    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Suite A-3
    Size
    4,169 SF
    Rate per SF
    $50
    Space
    Suite A-1 End Cap
    Size
    4,130 SF
    Rate per SF
    $35
    Property Profile Location Intelligence

    Current Use by Public Records

    Trader Joe's Grocery Store Keesler Federal Credit ... Federal Credit Union

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Metairie
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.15237428
    Latitude
    30.00385162

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Trader Joe's-anchored center. High-traffic location.
    Where is this neighborhood center located?
    The property is located at 2949 Veterans Blvd Metairie, LA.
    What is the lease rate?
    The lease rate is $35-$50 SF/Yr.
    Request Owner's contact information
    2949 Veterans Blvd Metairie, LA 70002
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    Metairie, LA 70002
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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
    2949 Veterans Blvd Metairie, LA 70002
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