French Quarter Retail Space with Option for Storage/Parking

Retail-Commercial for Lease
Catylist Listing ID: 30644138
Property Subtypes: Restaurant, Street Retail, Other
Contiguous Space: 1,947 SF
Building Size (RSF): 1,947 SF
Gross Building Area: See Agent
Lease Rate: $22.50 PSF (Annual)
Base Monthly Rent: $3,650
Lease Types: NNN
Usable Size (USF): 1,947 SF
Last Updated: 9/16/2021

Overview / Comments

Well-trafficked French Quarter retail location across the street from House
of Blues. The 1,947 sf open retail space is in great condition and ready for
immediate occupancy. This is one of the few French Quarter retail locations
with rear access onto another street, which is ideal for receiving deliveries and
removing trash without disrupting business. One bathroom, 7 tons of HVAC, and a 1,000 gallon grease trap already on site for a restaurant user.

Lease rate for Year 1 is $22.50 psf NNN; for Year 2, lease rate will be $45.00 psf NNN with 3% annual increases going forward. Triple nets are $431.30/mo.

Additional 599 sf space next door has an automatic roll up door that can be used for off-street parking and/or storage. Available for an additional $1,263 per month.

Expand All Available Space

Suite: 1 1,947 SF $22.50 PSF (Annual) NNN
Space Available: 1,947 SF
Lease Rate: $22.50 PSF (Annual)
$3,650 (Monthly)
Lease Type: NNN
Date Available: 8/25/2020
Space Type: Relet

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: French Quarter
Zoning: VCE-1
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Iberville and Bienville streets. Back access from Clinton St.
Property Visibility: Excellent
Largest Nearby Street: N. Peters and Canal streets
Highway Access: Easy access to I-10 and Ponchartrain Expressway
Airports: MSY
Area Description: Located in Vieux Carre Entertainment District so near restaurants and bars, shops, world-renowned hotels, and office buildings. Excellent foot traffic.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Parking Type: Structure, Surface
Interior Description: Open space with one exposed brick wall.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,611 186,752 398,569
Median Age: 42.89 36.06 36.77
Households: 9,984 82,364 167,102


Photograph of Listing Agent

Scott Graf, CCIM

Corporate Realty - Main Office New Orleans, LA 70170-0000
LACDB Member
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