Property profile

4401 Airline Dr Metairie, LA 70001

OFF-MARKET
Commercial real estate
1,069 SF Built 2006
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Property summary

AI-generated overview

This exceptional 1,069 square foot commercial space, located at 4401 Airline Drive Unit D in Metairie, Louisiana, presents a fantastic opportunity for a spa or aesthetician business. The property is move-in ready, boasting an attractive storefront design ideal for attracting clientele. The interior features one double treatment room and three single treatment rooms, which could also be configured as two treatment rooms and one office. A unisex restroom, separate laundry area, and ample storage space are included, ensuring convenience and functionality. Situated in a retail center on Airline Highway, this location benefits from high visibility and significant foot traffic, with a daily count exceeding 60,000 vehicles. The property's strong tenant mix includes established businesses such as Subway, a sports lounge, and a nail salon, creating a vibrant and complementary commercial environment. The lease is a NNN (Net, Net, Net) agreement, with a base rent of $2,400 per month and additional net operating expenses of $415 per month. This prime location and well-appointed space offer an excellent opportunity for a thriving business. The property is available immediately.

Property profile

Verified
Property type Commercial real estate
Year built 2006
Total area 1,069 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering
  • Bar & Pub
  • Bar & Pub
  • Nail Salon

Location

4401 Airline Dr Metairie, LA 70001
Metairie metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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