Magnolia Marketplace

Shopping Center for Lease
Also listed as Retail-Commercial
Catylist Listing ID: 28435791
Property Subtypes: Community Center, Neighborhood Center, Strip Center
Contiguous Space: 1 SF
Gross Building Area: 115,281 SF
Lease Rate: $0 PSF (Annual)
Base Monthly Rent: $0
Lease Types: NNN
In Opportunity Zone? Yes
Last Updated: 11/23/2022

Overview / Comments

100% Leased

With nearly 70,000 cars a day passing through, Claiborne Avenue is
the highest trafficked street in Orleans Parish. It provides a connection
between Uptown New Orleans and the Central Business District/
Downtown area.

Directly south of the site, a 460-unit, mixed-income residential
redevelopment named Harmony Oaks was completed in 2011.
Harmony Oaks brings a solid neighborhood customer base to Magnolia
Marketplace.

Existing infrastructure allows for easy access to the site. The traffic light
at Washington Street and right of way at Fourth Street will prevent traffic
congestion and create several points of entry to the development.

Expand All Available Space

Suite: 100% Leased 1 SF $0 PSF (Annual) NNN
Space Available: 1 SF
Lease Rate: $0 PSF (Annual)
$0 (Monthly)
Lease Type: NNN
Space Description: Shopping center is fully leased.
Date Available: 12/12/2012
Space Type: New

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41218974
Zoning: C
Site Description: Tenants Include: T.J.Maxx, Ross Dress For Less, Michaels, PetSmart, Five Below, ULTA Beauty, Raising Cane's, Capital One, T-Mobile, Subway, Boost Mobile, Beauty Express, and Philly's Cafe
Area Description: The combination of nearby, recently constructed and proposed commercial and residential developments, a surrounding population increasing in size and income, and the wide reaching draw of the area provides an exceptional opportunity for national retailers to locate in New Orleans. The retail synergies created by the surrounding dense residential redevelopment and surrounding retail will help to drive the strength of this site tremendously.
Number of Stories: 1
Year Built: 2015
Total Parking Spaces: 347

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 29,923 194,641 408,861
Median Age: 35.62 36.03 37.23
Households: 13,393 85,823 172,660

Contact

Photograph of Listing Agent

Rhonda Sharkawy

Stirling Properties New Orleans New Orleans, LA 70130
LACDB Member
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