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Millstream Shopping Center 3440 Division St 969 SF of Retail Space Available in Metairie, LA 70002
HIGHLIGHTS
- High-Traffic Area
- Free Public Parking
- Multi-Tenant Building
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Suite F | 969 SF | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $20,349 /YR $1,696 /MO | Triple Net (NNN) |
3440 Division St - 1st Floor - Ste Suite F
In-suite restroom. Suite is one of the first when you enter the shopping center. $21 - $23/SF/YR
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT MILLSTREAM SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Falco Enterprises Inc.
- Professional, Scientific, and Technical Services
- 1
- -
- Impastato and Russo Chiropractic Clinic
- Health Care and Social Assistance
- -
- -
- Ipm LLC
- Construction
- 1
- -
- Kumon
- Other Services
- 2,375
- International
- Real Time Technologies
- Construction
- 1
- -
- Russo Chiropractic
- Health Care and Social Assistance
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Falco Enterprises Inc. | Professional, Scientific, and Technical Services | 1 | - |
| Impastato and Russo Chiropractic Clinic | Health Care and Social Assistance | - | - |
| Ipm LLC | Construction | 1 | - |
| Kumon | Other Services | 2,375 | International |
| Real Time Technologies | Construction | 1 | - |
| Russo Chiropractic | Health Care and Social Assistance | 1 | - |
PROPERTY FACTS
| Total Space Available | 969 SF | Frontage | Division ST |
| Center Type | Strip Center | Gross Leasable Area | 8,600 SF |
| Parking | 49 Spaces | Total Land Area | 0.67 AC |
| Stores | 5 | Year Built | 1987 |
| Center Properties | 1 |
| Total Space Available | 969 SF |
| Center Type | Strip Center |
| Parking | 49 Spaces |
| Stores | 5 |
| Center Properties | 1 |
| Frontage | Division ST |
| Gross Leasable Area | 8,600 SF |
| Total Land Area | 0.67 AC |
| Year Built | 1987 |
ABOUT THE PROPERTY
Millstream Retail Center offers retail property for lease in Metairie, LA, just one block off Veterans Blvd, behind Barnes and Noble. This shopping center offers an ideal location for a merchant seeking a new site to start or relocate their business. Veterans Blvd in Metairie is home to a variety of popular restaurants, shopping, entertainment, and more in this thriving economic hub, just minutes from New Orleans. This high-traffic area will allow substantial exposure to any business that takes advantage of this opportunity. The Millstream Shopping Center has a variety of well-established tenants, including a professional learning center, hair salon, and more. This property attracts a diverse clientele to maintain a steady flow of traffic at the location. The Millstream Shopping Center offers plenty of free public parking, convenient for both customers and business employees.
NEARBY MAJOR RETAILERS
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Millstream Shopping Center | 3440 Division St
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