You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3200 Severn Ave Metairie, LA 70002

20,000 SF Built 1975
Property ID
Property summary
AI-generated overview

This exceptional 1,330-square-foot retail space, located at 3200 Severn Ave, Suite 120, Metairie, LA 70002, is available for lease. Situated in a vibrant neighborhood strip center within the New Orleans metro area, this Class B property offers a prime location with high visibility. The suite, part of a larger 20,000-square-foot building, boasts a recent 2023 renovation, including a complete overhaul following Hurricane Ida, ensuring modern infrastructure and updated amenities. The space features high ceilings, a first floor and mezzanine, several offices, a kitchenette, and two and a half bathrooms. Previously used as a lash retail shop, this versatile space is ideal for a variety of retail businesses. The property includes ample parking with 66 spaces available. The building is zoned Fat City BC 2 and sits on a 36,000-square-foot lot. Annual property taxes are $2.10 per square foot. The property is served by Entergy power. This thriving center is home to a diverse mix of established businesses, including The Eye Dr, Merle Norman Cosmetics, Nola Crepe, Salon Eight 13, UBreakIFix, Pink Pepper Gift Shop, Skin Care Pharmacy, Sal's Music, and NailsRUs, creating a strong synergy and high foot traffic. The lease rate is $25.00 per square foot, NNN. The space will be available November 1, 2024.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1975
Total area 20,000 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
  • T-Swirl Crêpe Restaurant Take-out & Catering
  • Nails R Us Nail Salon
  • uBreakiFix - Phone and Computer Repair Tech Support Center (Bike/Boat/Book/etc) Store
  • Asurion Appliance Repair Home Appliance Store
  • Amazon Hub Counter - Health 4 Nola Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3200 Severn Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message