Metairie Office Space For
For Lease
Contact for pricing
649 Papworth Ave, Metairie, LA 70005
Second floor office space available for lease in Metairie.
Space SizeContact for details
Property Size6,000 SF
Days on Market2067
Property Features for 649 Papworth Ave
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Office
Lease Type
Net
Building Details
Building Size
6,000 SF
Tenancy
Multiple
Spaces For Lease
at 649 Papworth Ave Contact us- Availability
- Active
Suite 200
Listing Agency:
The Stevens Group Inc
Listed By:
Robert Stevens · License #LA
(504) 888-6788
Source:
Crexi
Added: Jan 7, 2021
Changed: Sep 4
Last Checked: Sep 4 at 7:43AM
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 The Stevens Group Inc
Investment Insights
Based on property information with market context.
The property offers second-floor office spaces available for lease. The owner is open to build-to-suit options. The space is accessible via walk-up. The second floor provides approximately 6,000 square feet of space, which can be subdivided into smaller units of 1,200 square feet, 2,000 square feet, or 3,000 square feet. The owner is currently refurbishing the cosmetic aspects of this walk-up space and is considering pre-leasing options. Spaces are anticipated to be available within 90 to 180 days after lease signing, depending on the required improvements. Parking is available around the perimeter of the site along Papworth and Paris Avenues. Additionally, a yard area is located at the rear of the property, which can accommodate additional parking or tenant storage needs. The yard will be fenced and further graded with additional limestone.
Key Highlights
- Flexible space: 6,000sf second floor can be subdivided (1200sf, 2000sf, 3000sf options)
- Build‑to‑suit options available
- Additional yard area for parking and/or tenant storage
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,185
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
$20.36 /SF/Yr
Avg Asking Price
$1.48–$50.42 /SF/Yr
Price Range
7,257 SF
Avg Space Size
This space is priced 41% below the average of $20.36 /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 - Second floor office space available for lease in Metairie.
Where is this office units located?
The property is located at 649 Papworth Ave Metairie, LA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Flexible space: **6,000sf second floor can be subdivided** (1200sf, 2000sf, 3000sf options); Build‑to‑suit options available; Additional yard area for parking and/or tenant storage
