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2121 N Causeway Blvd

2121 N Causeway Blvd, Metairie, LA 70001

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Overview

2121 N. Causeway Boulevard is a multi-tenant office property located near the intersection of N. Causeway Boulevard and I-10 in Metairie, offering strong visibility, high traffic counts, and convenient access from across the New Orleans MSA and the Northshore. The property is 94% occupied and leased to 18 tenants, providing in-place cash flow and a diversified rent roll. Many of the leases include annual rent increases, which have contributed to NOI growth, and the NNN lease structure helps reduce operating expense exposure for ownership. The property has also experienced strong leasing velocity in recent years. Professionally managed by SVN Urban Properties, the property has undergone numerous capital improvements in recent years. New owner will have the option to retain property management (this is reflected in NOI). It also offers abundant parking and additional revenue potential through lease-up of the remaining vacancy, renewal rent increases, and other income sources such as a billboard lease.

For Sale

Investment
Office
Sale Price
$5,500,000
Price Per SF
$155.2/SF
Cap Rate
7%
Building Size
35,431 SF
Acres
1.1475 ac
Zoning
C1
Zoning Desc.
Neighborhood Commercial District
NOI
$385,000
Floors
2
Year Renovated
2023
Parking Ratio
0 / 1,000
Parking Spaces
95
Vehicles Per Day
75,000 VPD
Lot Frontage
120 ft
Lot Size
127' x 390'
Parish
Jefferson
Available
04/16/2026
Listed
04/23/2026
Updated
05/07/2026
Listing ID
05f14ac6
Parcel APN
9930006737