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Severn Shopping Center 3114 Severn Ave 1,257 SF of Retail Space Available in Metairie, LA 70002
HIGHLIGHTS
- High Traffic Location
- White Boxed for Flexible Design
- Locally Owned & Managed
- Across from Lakeside Shopping Center
- Free Parking for Customers & Employees
- Rare Retail Frontage on Severn Ave
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A1 | 1,257 SF | Negotiable | $47.46 CAD/SF/YR $3.96 CAD/SF/MO $59,659 CAD/YR $4,972 CAD/MO | Triple Net (NNN) |
1st Floor, Ste A1
White boxed retail suite with restroom. Prime location across from Lakeside Shopping Center. $34-$36/SF/YR
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Private Restrooms
- Corner Space
- White Boxed for Flexible Design
- New Sheetrock & LED Lighting
- Private Restroom
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,257 SF | Gross Leasable Area | 5,313 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 6.78/1,000 SF |
| Total Space Available | 1,257 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,313 SF |
| Year Built | 2000 |
| Parking Ratio | 6.78/1,000 SF |
ABOUT THE PROPERTY
PRIME RETAIL LOCATION ON SEVERN AVE ACROSS FROM LAKESIDE MALL! Severn Shopping Center in Metairie, LA, offers prime retail space for lease on Severn Ave in a high-traffic area, just off Veterans Blvd near Lakeside Mall, the Causeway, and Interstate 10. Situated on a popular Mardi Gras route, this location benefits from excellent visibility and convenient access to nearby shopping, dining, and entertainment, providing substantial exposure to any business that takes advantage of this opportunity. Free public parking is available for customers and employees, ensuring easy access for all. Severn Shopping Center presents an exciting opportunity for any retail business looking to thrive in Metairie.
- Pylon Sign
- Signage
- Monument Signage
NEARBY MAJOR RETAILERS
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Severn Shopping Center | 3114 Severn Ave
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