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4958-4964 Hwy. 21 Center 4960 Highway 22 1,000 SF of Retail Space Available in Mandeville, LA 70471
Highlights
- Located on Louisiana Highway 22 with strong daily traffic counts and visibility.
- Positioned across from Beau Chene subdivision, a large and established residential community.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4960 | 1,000 SF | Negotiable | $23.50 /SF/YR $1.96 /SF/MO $23,500 /YR $1,958 /MO | Modified Gross |
1st Floor, Ste 4960
This retail property along Louisiana Highway 22 in Mandeville offers a strong investment opportunity in a high-visibility corridor. The property is positioned directly across from the Beau Chene subdivision, one of the area’s most established residential communities, ensuring consistent consumer traffic. The building has undergone recent upgrades, including a new roof, fresh exterior paint, updated lighting, and a newly pressure-washed and restriped parking lot, reducing near-term capital expenditure for a buyer. The site benefits from excellent frontage on LA-22, a major east-west thoroughfare connecting Mandeville to surrounding Northshore communities and Interstate 12. The property is currently configured as a multi-tenant strip center with a mix of service-oriented businesses, creating stable income potential. With strong household incomes in the immediate trade area and a growing population base, this asset is well-positioned for long-term appreciation and steady cash flow.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
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.
Property Facts
| Total Space Available | 1,000 SF | Gross Leasable Area | 8,000 SF |
| Property Type | Retail | Year Built | 2012 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,000 SF |
| Year Built | 2012 |
About the Property
The property is a retail strip center located at 4960 Louisiana Highway 22 in Mandeville, Louisiana. It is situated across from the Beau Chene subdivision and offers frontage along LA-22, a primary corridor in the area. The site includes a parking lot and has undergone recent exterior improvements. The surrounding area consists of residential neighborhoods and local businesses, with access to major roadways including Interstate 12.
- Air Conditioning
Nearby Major Retailers
Presented by
4958-4964 Hwy. 21 Center | 4960 Highway 22
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