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    4051 Veterans Blvd Metairie, LA 70002

    For Lease
    $14 SF/Yr

    Prime Metairie location, multiple suites available.

    Lot size:
    37,332 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional office building, located at 4051 Veterans Blvd in Metairie, Louisiana, presents a compelling investment opportunity. The property, a Class B building constructed in 1969 and renovated in 2016, offers 37,332 square feet of space across four stories. Currently, there are 4,600 square feet of vacant space available, with suite sizes ranging from 1,280 to 4,600 square feet, making it ideal for a variety of tenants. The building features a desirable open floor plan, multiple private offices, and a spacious kitchen/breakroom. The property boasts excellent visibility from Veterans Boulevard, providing ample opportunity for prominent signage. With a 10% load factor, the building is well-maintained and efficiently designed. The zoning is C-1, allowing for flexibility in tenant types. Ample parking is available with 61 spaces. The building includes elevators for convenient access to all four floors, and each suite benefits from a 10-foot ceiling height. The property's location in the Airport-Metairie-Kenner submarket of Jefferson Parish (APN 45889, zip code 70002) provides easy access to major transportation routes and amenities. A CAM charge of $4.25 per square foot annually applies. This is a rare opportunity to acquire a well-positioned office building with significant potential for growth and return on investment.

    Property Features for 4051 Veterans Blvd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,332 SF
    Class
    B
    Total Rate
    45109.5

    Building Details

    Year Built/Renovated
    1969/2016
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 400
    Size
    1,862 SF
    Rate per SF
    $14
    Space
    Suite 224
    Size
    1,427 SF
    Rate per SF
    $14
    Space
    Suite: 101
    Size
    4,600 SF
    Rate per SF
    $26
    Space
    Space 210
    Size
    1,280 SF
    Rate per SF
    $15

    HighLights

    • Exceptional 37,332 SF Class B office building in Metairie, LA.
    • 4,600 SF of vacant space available, with suites ranging from 1,280 to 4,600 SF.
    • Excellent Veterans Blvd visibility and ample parking (61 spaces).
    • Well‑maintained building with elevators, 10‑foot ceilings, and a 10% load factor.
    • C‑1 zoning, $4.25/SF annual CAM charge, located in the Airport‑Metairie‑Kenner submarket (APN 45889, 70002).
    Property Profile Location Intelligence

    Current Use by Public Records

    Bohning Bryan DDS Endodontist Nationwide College Planning ... College Julie Anne Gardner Attorney LV1 Broadcasting. Compamy Commercial Real Estate Agency AL ALLEYNE REALTOR Real Estate Agent

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Metairie
    County
    Jefferson Parish
    State
    Louisiana
    Longitude
    -90.176243
    Latitude
    30.005246

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    FAQs

    What type of property is this?
    Medical office - Prime Metairie location, multiple suites available.
    Where is this medical office located?
    The property is located at 4051 Veterans Blvd Metairie, LA.
    What is the lease rate?
    The lease rate is $14-$26 SF/Yr.
    What are key features of this property?
    This property features: Exceptional 37,332 SF Class B office building in Metairie, LA.; 4,600 SF of vacant space available, with suites ranging from 1,280 to 4,600 SF.; Excellent Veterans Blvd visibility and ample parking (61 spaces).
    Request Owner's contact information
    4051 Veterans Blvd 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
    4051 Veterans Blvd Metairie, LA 70002
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