701 Metairie Rd Metairie, LA 70005
This exceptional three-story, 84,400 square foot mixed-use development, located at 701 Metairie Road in Metairie, Louisiana, offers a unique opportunity for medical and office tenants. Built in 1987 and extensively renovated in 2020, Old Metairie Village boasts three buildings with a total of three stories and elevators. The property sits on a substantial 200,812 square foot lot and currently has 10,919 square feet of vacant space available, divisible into units ranging from 1,500 to 9,244 contiguous square feet. The property features a diverse tenant mix, including upscale retail on the first floor and medical and office spaces on the upper floors. Situated in the affluent Old Metairie submarket of Jefferson Parish (APN: JP-128902), this location benefits from high traffic counts and a strong demographic profile, making it an ideal investment opportunity. The property's strategic location within the Airport-Metairie-Kenner submarket, combined with its recent renovations and flexible space options, presents a compelling opportunity for businesses seeking a prestigious and well-located address in the heart of Metairie. The former fitness club space offers a unique opportunity for adaptive reuse. This property is a dominant force in the local market due to its tenant mix and affluent clientele.
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Tully Gerard R DDS Dental Office
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Subway Take-out & Catering
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East Jefferson Primary Care - Metairie Rd. Pediatrician Physician
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Old Metairie Orthodontics: Dr. Celeste A. Block, DDS, MDS Dental Office
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Tillery And Tillery Attys Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.