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$3,100,000
16 Days On Site

3810 HIGHWAY 22
Mandeville, LA 70471

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
4,700
SqFt
$660
/SqFt
2017
Built
Subdivision:
Not a Subdivision
County:
St Tammany

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3810 HIGHWAY 223810 HIGHWAY 223810 HIGHWAY 223810 HIGHWAY 22
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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.

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Listing Snapshot
Price 
$3,100,000
Days On Site 
16 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,700 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2017
MLS® Number 
2578897
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Cross Street 
Hwy 190
Parking 
Parking Lot
Sewer 
Public Sewer
SqFt Total 
4700
Water Source 
Public
Zoning 
B-2
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Exterior Features
Lot Features 
City LotRectangular Lot
Community Features
Accessibility Features 
Accessible Entrance
Listing courtesy of United Real Estate Partners LLC

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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