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The Forum Retail Center 3131 Veterans Memorial Blvd 30,974 SF 100% Leased Retail Building Metairie, LA 70002 $18,531,022 CAD ($598.28 CAD/SF)
Executive Summary
Now available for sale, 3131 Veterans Blvd is a ±31,000 SF two-story retail building situated on ±1.59 acres.
The building is 100% occupied and there is a billboard lease in place. Tenants include the popular Sushi Nami and Nothing Bundt Cakes along with Massage Envy, M C Bank, Nemo Nail Spa, and BAM Dental Group.
Multiple rooftop A/C’s were replaced in 2024. A new elevator was also added in 2024.
Strategically located at the intersection of Veterans Blvd and N Causeway Blvd, the property sees ±95,920 vehicles per day.
The property features triple ingress/egress on Veterans Blvd, N Causeway Blvd, and Kenneth St.
Ample parking and signage options are in place for tenant usage.
Located directly across from Lakeside Shopping Center, one of Louisiana’s largest shopping centers with over 130 retailers and 8 million annual visitors, this site delivers unmatched exposure.
The building is 100% occupied and there is a billboard lease in place. Tenants include the popular Sushi Nami and Nothing Bundt Cakes along with Massage Envy, M C Bank, Nemo Nail Spa, and BAM Dental Group.
Multiple rooftop A/C’s were replaced in 2024. A new elevator was also added in 2024.
Strategically located at the intersection of Veterans Blvd and N Causeway Blvd, the property sees ±95,920 vehicles per day.
The property features triple ingress/egress on Veterans Blvd, N Causeway Blvd, and Kenneth St.
Ample parking and signage options are in place for tenant usage.
Located directly across from Lakeside Shopping Center, one of Louisiana’s largest shopping centers with over 130 retailers and 8 million annual visitors, this site delivers unmatched exposure.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
30,974 SF
Building Class
B
Year Built
2000
Price
$18,531,022 CAD
Price Per SF
$598.28 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
14’
Building FAR
0.59
Lot Size
1.20 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
100 Spaces (2.85 Spaces per 1,000 SF Leased)
Frontage
177’ on Veterans Memorial Blvd
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0820017397 | Improvements Assessment | $326,453 CAD |
| Land Assessment | $729,944 CAD | Total Assessment | $1,056,398 CAD |
Property Taxes
Parcel Number
0820017397
Land Assessment
$729,944 CAD
Improvements Assessment
$326,453 CAD
Total Assessment
$1,056,398 CAD
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The Forum Retail Center | 3131 Veterans Memorial Blvd
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