Commercial Ground Lease - 1001 Metairie Rd

This 10,302-sf site is a highly desirable hard corner along Metairie Road (10,273 vpd), a popular thoroughfare that intersects an affluent area of Metairie. It is lined with retail centers, restaurants, professional service providers, and specialty shops.

The property includes land as well as an existing 3,400-sf building. It would be ideal for development as a ground lease, with use for bank or medical office. Alternate options include leasing the existing building in full, “as is, where is,” with tenant fully responsible for any and all improvements and maintenance upkeep to the building.

There is an existing tenant in a portion of the building who is on a month-to-month lease.