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Off Market
1/8

1183 & 1187 Terry Parkway
Terrytown, LA 70056


OVERVIEW

Now available for lease is a premium commercial property ideally located in Terrytown, Louisiana. This unique property boasts an impressive 200 feet of frontage along the busy Terry Parkway, and a depth of 124 feet, ensuring excellent visibility and significant exposure for any business venture. Currently, the property hosts two residential homes. However, the potential of this property extends beyond its current use. It's zoned as a Mixed-Use Corridor District, allowing a broad array of commercial applications, ranging from retail outlets, professional offices to restaurants or a mixed-use complex. With the right vision and requisite permissions, this space holds immense potential for development. The homes can be torn down, or converted for commercial use. Offered as a ground lease at a competitive rate of $5,000 per month, this property represents an excellent investment opportunity, especially considering its significant traffic count and convenient proximity to downtown New Orleans - just a short 10-minute commute. Adding to the allure of this location is its strategic placement amidst a bustling commercial hub. It's situated adjacent to Starbucks, directly across the street from Wendy's, and in close proximity to various other thriving businesses. Furthermore, the property is situated near the major intersection of LA Highway 23 and Terry Parkway, an area frequented by a high volume of commuters and locals alike. Take advantage of this prime opportunity to expand or establish your commercial endeavor at this superior location in Terrytown. With its notable development potential and exceptional strategic positioning, this property offers remarkable value for your business venture. For more details or to arrange a property viewing, please reach out to our team.

FOR LEASE DETAILS

PRICE

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# OF LOTS

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LAND DETAILS

PROPERTY NAME

Ground Lease on Terry Parkway in Gretna

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

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LAND ACRES

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LAND SF

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OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets

ZONING

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APN/PARCEL ID

0200008500