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    OFF-MARKET
    Retail properties & Spaces

    3226 Metairie Rd, Metairie, LA 70001

    2,880 SF Built 1955
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fully leased, 2,880 square foot retail storefront located at 3226 Metairie Road in Metairie, Louisiana, zip code 70001. The property, built in 1955, sits on a high-traffic section of Metairie Road in Jefferson Parish, anticipating increased vehicular and pedestrian traffic. The single-story building features two (2) units, currently boasting 100% occupancy under a Net Lease (NNN) agreement with multiple tenants. Each unit contributes to the strong, stable cash flow generated by this investment. The asking price is $899,995, translating to a price per square foot of $312.50. Convenient parking is available both in front and at the rear of the building, enhancing the tenant and customer experience. The property is zoned C2, allowing for a variety of commercial uses. This is a rare opportunity to acquire a well-located, stable, and high-performing retail investment in a growing area of Metairie. The property's strong tenant base and prime location make it an ideal addition to any investment portfolio. The building's single-story design and ample parking further enhance its appeal. This is a turnkey investment ready to generate immediate returns.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1955
    Total area 2,880 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
    • BlueTarps.com Big Box & Wholesale Store Building Supply
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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