Louisiana 70001 For Sale at $495,000 Marketed Exclusively By: Robert Hand, MBA, CCIM, SIOR Louisiana Commercial Realty 3900 North Causeway Suite 1200 New Orleans, Louisiana 504-289-8172 Flo Marcello RE/MAX Real Estate Partners 4141 Veterans Blvd Suite 100 Metairie, La 70002 504-258-2271 November 16, 2017
Louisiana 70001 page 2 CONTENTS Location 3 Map 3 Neighborhood 4 Nearby Business Community 5 Property Description 6 Floor Plan 7 Site Square Footage & Taxes 8 Photographs 9 Zoning C-2 General Commercial 12 Permitted Uses & Parking 12 About Louisiana Commercial Realty 13
Location Marketing Presentation Louisiana 70001 page 3 Map The property is located in Jefferson Parish, in the heart of Metairie, which was founded in 1718 and is an unincorporated suburb of New Orleans with a population of approximately 140,000. The site is ¾ mile from Causeway Boulevard, a 4-lane divided highway, and 1.5 miles from Interstate 10 which runs from Florida to California. It is one block from Sam s Club, and fronts Airline Drive, a 4-lane highway that runs from New Orleans to Baton Rouge.
Louisiana 70001 page 4 Neighborhood Elmwood Shopping Center Home Depot Old Navy Best Buy Office Max The property is easily accessed from Interstate 10 using either Clearview Parkway or Causeway Boulevard, where traffic counts exceed 100,000 cars per day. Access to downtown is expedited by Earhart Boulevard, a 6-lane highway one block from the site which runs without traffic lights and congestion for 5 miles to Carrollton Avenue then to the downtown area. One mile west is the largest shopping center in Louisiana, the 1,000,000 square foot Elmwood Shopping Center, with over 100 stores and restaurants.
Louisiana 70001 page 5 Nearby Business Community Within the immediate 4 block area, the retail business community thrives, with a variety of retailers and restaurants, including: Sam's Club UHaul Storage Chevron French Press Coffee House Enterprise Rally's Exxon Auto Zone CVS Church's Chicken Take 5 Pelican Pointe Car Wash Lee's Original Hamburgers
Property Description Marketing Presentation Louisiana 70001 page 6 The 6,080 square foot, one-story, building measures approximately 67 x 90 and has a steel frame and ribbed metal exterior, with a brick front and concrete block on one side. There are 5 restrooms, a large conference room, 9 private offices plus open area for 10 additional desks. There are two pedestrian entrances on Airline Drive and two pedestrian entrances in the rear, plus a 12 x 12 overhead door leading into a 15 x 28 garage area with 16 high ceiling. In addition, there is approximately 1,500 square feet of attic storage area, accessed by stairs from the garage. Roof repairs were made in 2008.
Louisiana 70001 page 7 Floor Plan
Site Square Footage & Taxes Marketing Presentation Louisiana 70001 page 8 The 6,213 SF site encompasses lots 42-45 in square 7 of the Metairie Terrace subdivision. Lot 45: 1,534 SF Lot 44: 1,547 SF Lot 43: 1,560 SF Lot 42: 1,572 SF Jefferson Parish property taxes are approximately $4,878. The property leases approximately 275 SF of building space to the adjacent business for storage for $5,400 annually. The property offers approximately 10 parking spaces in the rear of the building and 25 additional reserved parking spaces behind the building.
Photographs Marketing Presentation Louisiana 70001 page 9 Open Area For Multiple Desks
Louisiana 70001 page 10 Meeting Room Accomodates Table Seating For 50 or 100 Theater Style
Louisiana 70001 page 11 Garage Area With Overhead Door Entrance On Robertson Street
Zoning C-2 General Commercial Permitted Uses & Parking Marketing Presentation Louisiana 70001 page 12 The C-2, General Commercial District, provides for retailing of goods and furnishing of major services. This district occupies a larger area than the (C-1) neighborhood commercial district since it is intended to serve a greater population. Full and complete development of all property in this district is of importance in order for the district to effectively serve its economic function. These districts are located along major thoroughfares and future expansion should desirably occur as an increase in depth of the district rather than further strip-like extension along the thoroughfares. The parking requirement for office use is one space for every 300 square feet of office floor space. Permitted Uses Include: Veterinary Clinic Offices Retail Store Medical Clinic Dentist
Louisiana 70001 page 13 About Louisiana Commercial Realty Louisiana s only commercial real estate broker with the CCIM and SIOR designations, an MBA and the appraiser's practitioner license. We are known for using the latest technology to help landlords and tenants solve their real estate problems, bringing a high level of ethical conduct to the industry, with great attention to detail and professionalism. We have expertise in every sector of commercial real estate, completing these landmark projects: One of the largest hotel acquisitions in New Orleans, The largest warehouse disposition in downtown New Orleans, Several of the largest apartment developments in New Orleans, The largest land disposition in Louisiana, The largest contiguous office space lease negotiation in New Orleans CBD. Nationally recognized expertise with expedited results: Named Top 50 Financial Executive in New Orleans, 2012, by CityBusiness Magazine Named Top 100 Investment Executive in the U.S., 1994, by Financial Planning Magazine Member National Association of Realtors Member New Orleans Metropolitan Association of Realtors Past President, International Association of Financial Planners Past President, New Orleans MSU Alumni Association Past industry panel member for the NASD Board of Arbitrators Eagle Scout More national publications than any other broker in the state: Commercial Investment Real Estate Magazine- Valuing Commercial Real Estate Using Regression Analysis. Commercial Investment Real Estate Magazine- Visualizing Risk In a Lease Buyout Decision. Commercial Investment Real Estate Magazine- Using Lifestyle Demographic Analysis To Make Better Commercial Real Estate Decisions. Chief Executive Officer Magazine- Return of The AutoMat. Registered Representative Magazine- Growing Your Business By Providing a Higher Level of Services. Personal Financial Planning Magazine- Using Technology To Help Clients.