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4950 Promenade Blvd, Marrero, LA 70072

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4950 Promenade Blvd is aland property located in Marrero, LA. The property currently has 1 land for lease and is marketed by .

The subject property is located north of Lapalco Blvd., east of Barataria Blvd and on the south side of Promenade Blvd. in Marrero, in an area generally referred to as the Westbank of Jefferson Parish. This neighborhood is bound by the Mississippi River to the north, New Orleans to the east, Intercostal Waterway to the south, and St. Charles Parish to the west. The area is most readily accessible from the Westbank Expressway (Highway 90).

Available Spaces

Suite	Space Type	Pricing	Size
---	Land	For lease: Negotiable
Based on the most recent survey, parcel 6-A-4C would be 4.21 acres, Parcel 6-A-4D would total 8.29 acres and the surrounding access road (Promenade Circle) totals 4.13 acres. While Promenade Circle cannot be developed and is therefore not considered useable acreage, it can be included for determining maximum density under the MUCD zoning. Current market rents in the surrounding area are between $1.20 to $1.91 rent per SF. There is a very small vacancy rate in the area as well (ranging from 3.9% to 20.7% vacancy). Average Rents are going for - Studio $940/month, 1 Bedroom $993/month, 2 bedroom $1,244/month & 3 bedroom $1,625/month. The surrounding neighborhood contains a mixture of residential (SFR & MF) developments, as well as the immediate commercial properties associated with Promenade Blvd - Walmart, Lowe's, and a Home Depot further east of the site. Other commercial uses in the area include restaurants, office/medical office buildings, warehouses, and service stations. The future outlook for the subject neighborhood remains relatively stable with little forecasted growth in the form of population change and economic growth. « show less Based on the most recent survey, parcel 6-A-4C would be 4.21 acres, Parcel 6-A-4D would total 8.29 acres and the surrounding access road (Promenade... show more » View Details Based on the most recent survey, parcel 6-A-4C would be 4.21 acres, Parcel 6-A-4D would total 8.29 acres and the surrounding access road (Promenade Circle) totals 4.13 acres. While Promenade Circle cannot be developed and is therefore not considered useable acreage, it can be included for determining maximum density under the MUCD zoning. Current market rents in the surrounding area are between $1.20 to $1.91 rent per SF. There is a very small vacancy rate in the area as well (ranging from 3.9% to 20.7% vacancy). Average Rents are going for - Studio $940/month, 1 Bedroom $993/month, 2 bedroom $1,244/month & 3 bedroom $1,625/month. The surrounding neighborhood contains a mixture of residential (SFR & MF) developments, as well as the immediate commercial properties associated with Promenade Blvd - Walmart, Lowe's, and a Home Depot further east of the site. Other commercial uses in the area include restaurants, office/medical office buildings, warehouses, and service stations. The future outlook for the subject neighborhood remains relatively stable with little forecasted growth in the form of population change and economic growth. Pricing: Negotiable Availability: Now Listing ID: 3299909 Save to list

Land

For lease: Negotiable

Based on the most recent survey, parcel 6-A-4C would be 4.21 acres, Parcel 6-A-4D would total 8.29 acres and the surrounding access road (Promenade... show more »

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4950 Promenade Blvd, Marrero, LA 70072

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