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Freestanding Bank Building in Reserve 105 W 8th St
5,210 SF of Retail Space Available in Reserve, LA 70084
Highlights
- Surrounded by Industry and Residential Growth
- Drive-Thru Exiting to Highway 44
- Great Visibility on High-Traffic LA-44
- Great Branding Opportunities on Building
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 5,210 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $5,210 /MO $62,520 /YR | TBD |
1st Floor
Freestanding Former Bank Building Now Available For Lease in Reserve, LA! This well-placed building features a drive through with three bays, plenty of dedicated parking, sign band in place on the building, and power in place to add pylon signage facing LA-44 if desired. Situated on the corner of W 8th St and LA-44, this site is easily accessible from Airline Hwy via W 10th St and just blocks away from the beautiful, brand new St. John the Baptist Parish Library's Reserve Branch. Other nearby businesses and points of interest include St. Peter Catholic Church, Liberty Christian Academy, the historical Godchaux-Reserve House, the Mississippi River Trail, Birdie's Food & Fuel, and the St. John Theatre. Surrounded by industry and residences, this site sees an average of 5,495 vehicles per day passing directly in front of the building on LA-44. Formerly occupied by Capital One bank, the building is in great shape to be occupied by another bank, an office user, or could easily be converted for retail use. Call today for a showing!
- Fully Built-Out as a Bank
- Freestanding Building on Busy Highway 44
- Drive-Thru with Three Bays
- Plenty of Dedicated Parking (30± Spaces)
- Easy Access to Airline Hwy via West 10th St
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 FOR 105 W 8th St , Reserve, LA 70084
Property Type | Retail | Year Built | 1950 |
Property Subtype | Freestanding | Parking Ratio | 5.76/1,000 SF |
Gross Leasable Area | 5,210 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 5,210 SF |
Year Built | 1950 |
Parking Ratio | 5.76/1,000 SF |
About the Property
Freestanding former bank building with drive-thru 5,210 sq. ft. on a 0.53-acre lot 30 parking spaces available for customers and employees Located at 105 W 8th St, Reserve, LA in a bustling commercial area Nearby businesses: Gregg’s Neighborhood Market, O’Reilly Auto Parts, Rotolio’s Pizzeria, and more Utilities available: Water, sewer, gas, electric Zoned for commercial use Traffic counts: W 8th St: 343 vehicles/day LA 44: 5,495 vehicles/day Demographics: 5-mile radius population: 21,022 Average household income: $82,801 within 5 miles Ideal for retail, financial services, or professional offices
- Pylon Sign
- Drive Thru
Learn More About Leasing Retail Properties
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Freestanding Bank Building in Reserve | 105 W 8th St
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