Single-Tenat Investment Opp. 5240 Veterans Blvd.

Withdrawn Retail-Commercial for Sale
Catylist Listing ID: 30151010
Property Subtypes: Free-Standing Building
Building Size (RSF): 7,500 SF
Gross Land Area: 19,257 SF
Sale Price: $1,500,000
Unit Price: $200 PSF
Property Use Type: Investment
Building Name: Bath Fitters
Usable Size (USF): 7,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Withdrawn On: 9/29/2017
Last Updated: 9/29/2017

Overview / Comments

Fantastic single-tenant investment opportunity on Veterans Blvd. in Metairie!

Bath Fitter’s Flagship Location For Greater New Orleans
+/- 7,500 Square Foot Free-Standing Retail Building situated on +/- 11,219 SF of land (Zoned C-2) w/ additional rear vacant lot on Quincy measuring +/- 8,030 SF (zoned RR3).

Fully renovated in 2015, the building features a beautiful showroom, 4 offices, conference room, break room and men's and women's restrooms in the office area. Warehouse area measures +/- 1,500 SF and contains IT room, men's & women's restrooms, 1 office and is serviced by a 10X10 grade-level roll-up door. Office/warehouse ratio is +/- 70/30.

Traffic Counts 44,100 and 48,800 Vehicles per day
Zoned C-2 (Commercial) w/ CPZ Overlay
Contact agent for additional information

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Taxing Authority: Jefferson Parish
Tax ID/APN: JP-47791
Retail Clientele: Business
Property Visibility: Excellent
Largest Nearby Street: Clearview Pkwy.
Feet of Frontage: 48
Traffic/Vehicle Count: 48,000
Highway Access: Veterans Hwy.
Airports: Louis Armstrong International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Parking Type: Surface
Parking Description: 10 striped space; 5 in front and 5 in back. Additional parking can be achieved on the Quincy lot.
Zoning Description: Zoned C-2 (Commercial) w/ CPZ Overlay
Lot Frontage: 50
Legal Description: Lot 6 and 21, in Block 41, Units 1 and 2, Section B, Pontchartrain Gardens Subdivision bounded by Quincy St., Veterans Memorial Blvd., and Kent Ave., Metairie, Jefferson Parish, LA and Lot 21, in Square 40, Pontchartrain Gardens Subdivision bounded by Kent Ave., Quincy St., St. James St. & Rye St., Metairie, Jefferson Parish, LA

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,477 152,185 282,152
Median Age: 39.19 40.85 39.76
Households: 11,562 63,864 116,890


Photograph of Listing Agent

Melissa S Warren

Stirling Properties New Orleans New Orleans, LA 70130
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