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Property profile

3401 Esplanade Ave Metairie, LA 70002

OFF-MARKET
Office Spaces
8,500 SF
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Property summary

AI-generated overview

This exceptional 8,500 square foot freestanding office building, situated on the corner of West Esplanade and Severn Avenues near Lakeside Mall in Jefferson Parish, offers a unique leasing opportunity. Currently, 4,560 square feet are available for lease, including a highly desirable 2,500 square foot second-floor space. This spacious suite boasts six private offices, a dedicated conference room, and is priced competitively at $12 per square foot. The rental rate includes all operating expenses, encompassing natural gas, electricity, water, dumpster service, and landscaping, providing significant cost savings for tenants. The building features a shared common area equipped with a kitchen, sink, refrigerator, and separate men's and women's restrooms complete with fixtures and a shower. Its convenient location and standalone design offer excellent visibility and accessibility. The building's design is particularly well-suited for businesses prioritizing confidentiality, such as financial planners, accountants, attorneys, or medical professionals. This is a rare opportunity to secure a well-maintained, conveniently located office space in a thriving area of Jefferson Parish. Contact us today to schedule a viewing.

Property profile

Verified
Property type Office Spaces
Total area 8,500 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
  • Dental Office
  • Corporate Office
  • Dental Office
  • Hair Salon Nail Salon

Location

3401 Esplanade Ave Metairie, LA 70002
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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