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Property profile & analytics
OFF-MARKET
Neighborhood centers

2949 Veterans Blvd Metairie, LA 70002

33,160 SF 3.4 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Neighborhood centers
Total area 33,160 SF
Lot 3.4 ac (148,104 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Trader Joe's Grocery & Convenience Store Food Market
  • Keesler Federal Credit Union Metairie Branch Credit Union
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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