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Oak Ridge Plaza is a 179,803 SF retail center located at the intersection of Barataria Boulevard and Lapalco Boulevard in Marrero, Louisiana. Available Suites include 4,358 SF space located in-line next to Budget Saver, the grocery anchor, for $13.75 PSF, 2,955 SF space for $13.75 PSF and a 985 Sf space for $15.50 PSF. Cam, real estate taxes and insurance are +,- $2.00 PSF. - Area description: The Home Depot, Toys "R" Us, Walmart Supercenter, Office Depot - Tenancy: Multiple Tenants
Most listings are in the $20's per square foot per year. The Greater New Orleans Region region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Greater New Orleans Region market, the Greater New Orleans Region submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
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