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Former Las Cruces Tex Mex Building 2935 Airline Dr 7,007 SF Retail Building Metairie, LA 70001 $4,000,000 ($570.86/SF)
Executive Summary
This offering is the former Las Cruces Tex Mex Restaurant in Old Metairie, LA off Labarre Road & N. Causeway Blvd. Nearby businesses are Planet Fitness, Dollar Tree, Smoothie Time, Rouses Supermarket and Goodyear Auto Service. The property can be retrofitted for other uses such as entertainment or medical. The FF&E is not included in the sales price but can be purchased. There is a billboard sign lease in the works.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
7,007 SF
Year Built
2023
Price
$4,000,000
Price Per SF
$570.86
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.11 AC
Zoning
C-2 - General Commercial District
Parking
69 Spaces (9.85 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0810001920 | Improvements Assessment | $360,000 |
| Land Assessment | $99,750 | Total Assessment | $459,750 |
Property Taxes
Parcel Number
0810001920
Land Assessment
$99,750
Improvements Assessment
$360,000
Total Assessment
$459,750
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Former Las Cruces Tex Mex Building | 2935 Airline Dr