For Lease
$0-$19.50 /SF/YR

3545 Service RdMetairie, LA 70002

4.37-acre Metairie office complex, redevelopment potential.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 4.37-acre commercial property in Metairie, Louisiana, presents a unique investment opportunity. The site encompasses the three-story Crutcher-Tufts Building, a Class B office building totaling 49,849 square feet, with a minimum divisible space of 19,735 square feet and a maximum contiguous space of 30,114 square feet. Currently, the building houses five suites, with the third floor vacant and the first and second floors partially leased to Enterprise Corporate Office, Stanley Security, and State Farm. A separate building on the property is fully leased to Enterprise for car rental and sales. Existing leases include provisions for cancellation with six to twelve months' notice, creating a compelling redevelopment opportunity with existing income. Located at 3545 N Interstate 10 Service Rd W, Metairie, LA 70002, in the Airport-Metairie-Kenner submarket of Jefferson Parish, the property's zoning allows for diverse uses including multi-family, hotel, office, retail, or medical developments. Detailed lease agreements, survey, and Phase I environmental reports are available for review. The owner will consider outright sale offers for the entire site or individual parcels, as well as long-term ground leases with options to purchase, offering flexibility for various investment strategies. The property's size and location within a thriving commercial area make it an attractive prospect for both immediate income generation and long-term development potential. Offers will be considered on a first-come, first-served basis.

Property Details for 3545 Service Rd

Property type
Office properties
RSF (Rentable sq. ft)
49,849 SF
Class
B

Unit(s) available at that property

Space
Parcel A
Size
30,114 SF
Space
Parcel B
Size
19,735 SF
Space
Available Suite 101
Size
3,293 SF
Rate per SF
$19.50
Space
Full Floor Suite 200 Available
Size
9,848 SF
Rate per SF
$19.50
Space
Full Floor Suite 300 Available
Size
9,848 SF
Rate per SF
$19.50

Location Insight

City
Metairie
County
Jefferson Parish
State
Louisiana
Latitude
29.99809857
Longitude
-90.16189443
3545 Service Rd, Metairie, Louisiana

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Contacts

Steven Reisig
Steven Reisig
Chris Robertson
Chris Robertson
Visit Broker Website

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3545 Service Rd, Metairie, Louisiana, 70002

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

3545 Service Rd
  • Steven Reisig
    Steven Reisig
  • Chris Robertson
    Chris Robertson
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