Price Reduction! Veterans Blvd Land For Lease

Vacant Land for Lease
Catylist Listing ID: 30010873
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 52,909 SF
Lease Rate: $250,000 (Annual)
$4.72 PSF (Annual)
Base Monthly Rent: $20,833
Lease Types: Ground Lease
Land Splits Available: Yes
Last Updated: 10/17/2019

Overview / Comments

Very rare large lot located on one of the most highly trafficked areas in the New Orleans MSA at 49,000 cars per day. Totaling just under 1.25 acres, the three parcels equal 52,909 land feet. The site has 200' of frontage along Veterans Memorial Blvd and 50' of frontage along Transcontinental Dr. With favorable BC-2 zoning, there are a variety of possibilities including retail, restaurant, self storage, office, hotels / motels, health care facilities, hospitals, and multi-family, amongst other uses.

The Veterans corridor is the premier retail destination in New Orleans, and the site is located minutes away from one of the top shopping venues in the Southeast - Lakeside Mall.

Please see attached Plot Plan (parcels 5A-2, 5A-3, 4-A) for actual dimensions.

Owner will consider a long term ground lease and land splits.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: JP-48169
Zoning: BC-2
Property Visibility: Excellent
Traffic/Vehicle Count: 49,000
Lot Frontage: 200' along Veterans & 50' along Transcontinental
Lot Depth: 232
Zoning Description: BC-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,789 154,376 287,221
Median Age: 39.68 40.96 39.56
Households: 10,105 64,935 119,196
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.