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$ 3,100,000
Est. payment /mo
New
3810 HIGHWAY 22 Mandeville, LA 70471
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Not A Subdivision
MLS Listing ID 2578897
HOA Y/N No
Year Built 2017
Property Description
INVESTMENT / OWNER-USER OPPORTUNITY | 4,700 SF RETAIL BUILDING | CHIPOTLE TENANT + 2,500 SF AVAILABLE
Excellent opportunity to acquire a highly visible 4,700 SF two-tenant commercial building constructed in 2017 along the heavily traveled Highway 22 corridor in Mandeville. The property features an approximately 2,200 SF Chipotle Mexican Grill and an adjoining 2,500 SF vacant suite, formerly occupied by Maxem Health Urgent Care. The vacant suite provides significant flexibility for an owner-user or investor and is well suited for medical, healthcare, professional, retail or service-oriented use. An owner-user can occupy the available suite while benefiting from rental income generated by the adjoining nationally recognized restaurant tenant, or an investor can lease the vacant space to increase the property's income potential. Situated on approximately 0.59 acres, the property offers direct Highway 22 access, excellent visibility, monument signage and 34 parking spaces, including two accessible spaces. The site plan also identifies an approximately 374 SF outdoor patio serving the Chipotle suite. Strategically positioned as an outparcel to a major shopping center, the property is surrounded by established retail, restaurant and service businesses and benefits from immediate access to U.S. Highway 190 and the Lake Pontchartrain Causeway. Traffic counts are approximately 25,456 vehicles per day on Highway 22 and 56,370 vehicles per day on U.S. Highway 190. Convenient to Mandeville High School, Lakeview Regional Medical Center, Beau Chene Country Club and surrounding residential communities, this property offers a unique opportunity to acquire a modern commercial asset in an established Northshore retail corridor. Ideal for an investor seeking existing rental income with lease-up upside or an owner-user seeking to occupy approximately 2,500 SF while benefiting from income from the adjoining Chipotle location.
Excellent opportunity to acquire a highly visible 4,700 SF two-tenant commercial building constructed in 2017 along the heavily traveled Highway 22 corridor in Mandeville. The property features an approximately 2,200 SF Chipotle Mexican Grill and an adjoining 2,500 SF vacant suite, formerly occupied by Maxem Health Urgent Care. The vacant suite provides significant flexibility for an owner-user or investor and is well suited for medical, healthcare, professional, retail or service-oriented use. An owner-user can occupy the available suite while benefiting from rental income generated by the adjoining nationally recognized restaurant tenant, or an investor can lease the vacant space to increase the property's income potential. Situated on approximately 0.59 acres, the property offers direct Highway 22 access, excellent visibility, monument signage and 34 parking spaces, including two accessible spaces. The site plan also identifies an approximately 374 SF outdoor patio serving the Chipotle suite. Strategically positioned as an outparcel to a major shopping center, the property is surrounded by established retail, restaurant and service businesses and benefits from immediate access to U.S. Highway 190 and the Lake Pontchartrain Causeway. Traffic counts are approximately 25,456 vehicles per day on Highway 22 and 56,370 vehicles per day on U.S. Highway 190. Convenient to Mandeville High School, Lakeview Regional Medical Center, Beau Chene Country Club and surrounding residential communities, this property offers a unique opportunity to acquire a modern commercial asset in an established Northshore retail corridor. Ideal for an investor seeking existing rental income with lease-up upside or an owner-user seeking to occupy approximately 2,500 SF while benefiting from income from the adjoining Chipotle location.
Location
State LA
County St Tammany
Zoning B-2
Interior
Fireplace No
Exterior
Parking Features Parking Lot
Water Access Desc Public
Accessibility Accessibility Features
Building
Lot Description City Lot, Rectangular Lot
Dwelling Type Retail
Sewer Public Sewer
Water Public
Others
Tax ID 57417
Special Listing Condition None
Listed by United Real Estate Partners LLC
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