Highly Visible Airline Drive Commercial Corner

Retail-Commercial for Lease
Catylist Listing ID: 30335480
Property Subtypes: Car Wash, Free-Standing Building, Garden Center, Retail-Pad, Street Retail, Vehicle Related, Other
Contiguous Space: 1,300 SF
Building Size (RSF): 1,300 SF
Gross Land Area: 8,150 - 25,595 SF
Lease Rate: $18 - 20 PSF (Annual)
Base Monthly Rent: $1,950 - 2,166
Lease Types: NNN
Last Updated: 10/17/2018

Overview / Comments

We are pleased to offer for lease the property at 3842 Airline Drive, located on the southeast corner of Airline and Cleary. This location has iconic visibility due to its position with the Cleary on/off ramps for Earhart Expressway and the neighboring Sam's Wholesale Club. Most recently operated as a vehicle-service related business, the property is now available for lease and uses stated under C-2 zoning are allowed by the property owner.

Currently, there is an approximately 1,300 square foot building on the site which is in need of renovation. This building sits on the northern part of the lot, which includes about 8,150 square feet of land. It is this parcel of land and the existing structure that are listed for lease in this offering.

However, the entire parcel includes 25,595 s/f of land in total. The balance of the property is available for an additional fee. Taking the whole property allows the full access of the Robertson Street servitude and potentially allows for a curb-cut which provides a right-turn into the property from Airline Drive.

There is a multitude of uses for this site, from a lease and use of the location as-is, with a tenant enjoying the "billboard" effect of operating on a high-visibility corner, to a long-term ground lease and redevelopment of the entire site with direct access from Airline Drive.

Expand All Available Space

Suite: 1 1,300 SF $18 - 20 PSF (Annual) NNN
Space Available: 1,300 SF
Lease Rate: $18 - 20 PSF (Annual)
$1,950 - 2,166 (Monthly)
Lease Type: NNN
Space Description: This is a stand-alone building on the property. It has plumbing, electricity, and demising walls appropriate for a small office, but it is in need of full renovation.
Date Available: 9/25/2018
Space Type: Relet

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: JP-26888
Zoning: GENERAL COMMERCIAL DISTRICT C-2
Retail Clientele: General, Business, Traveler, Other
Property Located Between: Cleary and South Turnbull
Property Visibility: Excellent
Largest Nearby Street: Cleary
Feet of Frontage: 123
Traffic/Vehicle Count: 25,000
Highway Access: Located on US Highway 61 with an exit access from Earhart Expressway (LA-3139). Less than 1 mile to Causeway Boulevard with access to US Highway 90 and I-10.
Airports: MSY, 6 miles away
Tenancy: Single Tenant
Total Number of Buildings: 1
Property Condition: Fair
Construction/Siding: Brick
Zoning Description: Zoned: GENERAL COMMERCIAL DISTRICT C-2. This district characteristically occupies a larger area than the neighborhood commercial district since it is intended to serve a greater population and to offer a wider range of services. These districts are in general 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. Property borders the rear of a residential area with a Primary Zoning of R1A, however, there is a servitude which may be a mitigating factor in specific allowable zoning uses which would normally be disallowed. Neither the listing broker nor property owner warrants any permissible property uses other than those expressly stated in the Jefferson Parish Zoning code.
Sewer Type: Municipal
Easements: Other
Easements Description: There is a Jefferson Parish servitude running through the back of the property. This would be a factor if the entire site were leased. Please see listing agent for more details.
Legal Description: Section: 00, Square: 7, Lot: 53A, Parcel: 26888N

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,673 166,566 350,441
Median Age: 44.06 40.24 38.9
Households: 9,776 72,592 148,059

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