The Beacon at South Market District

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30776530
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Contiguous Space: 1,824 - 3,053 SF
Total Available: 7,022 SF
Gross Building Area: See Agent
Lease Rate: $45 PSF (Annual)
Base Monthly Rent: $6,840 - 11,448
Lease Types: NNN
In Opportunity Zone? Yes
Building Name: The Beacon
Last Updated: 3/20/2023

Overview / Comments

The South Market District (SOMA) is a vibrant neighborhood that places you at the center of New Orleans’ newest dining, retail and entertainment destinations and steps to the city’s arts and cultural scene and best-in-class luxury residential developments. The well-curated collection of restaurants, shops and service establishments allows for excellent tenant synergy and all-day traffic.

The Beacon at South Market District offers one and two bedroom apartments and penthouses for rent steps away from New Orlean's best shopping, dining and entertainment scenes. The 7 story complex offers custom finishes, diverse/open concept floor plans, large windows with 10' high ceilings to create light-filled spaces with unobstructed city and river views. The highly trafficked corner of O'Keefe Ave and Girod St is prime real estate for retail, office and restaurant users alike.

AVAILABLE FOR LEASE
Suite 104-A
2nd generation restaurant space (existing grease trap; can easily add hood)
Corner of building with frontage on Girod St and O'Keefe St
Size: 2,145 sf
Price: $45 psf
NNN: $6 psf

Retail 3
2nd generation retail space (existing register station, built out dressing rooms and back office)
Size: 1,824 sf
Price: $45 psf
NNN: $6 psf

- Fully built out café space (former Starbucks), which can be easily converted to a full-service restaurant
- Two bathrooms
- Existing grease trap
- Tall ceilings with floor to ceiling windows
- Highly visible corner location across street from Rouse’s and Willa Jean

LOCATION
Downtown New Orleans offers one of the most visible, prominent retail opportunities in the city. South Market’s location is steps away from the Superdome, Smoothie King Center, Champions Square, Central Business and Warehouse/Arts Districts and countless other hotels and landmarks that draw millions of locals and visitors every year.

SOMA BY THE NUMBERS
- 693 Apartments and Condominiums
- 140,000 Retail SF

DOWNTOWN BY THE NUMBERS
- $8B in Downtown investment since 2005
- 1.2M regional population; 17.7M Downtown visitors per year
- 9M square feet of Class-A office space within walking distance
- 20+ art galleries, 5+ museums, 175+ restaurants
- 60+ sidewalk cafes, 245+ retail stores
- 20,000+ hotel rooms with over 1,500 under construction
- 7,000+ residential units with over 1,700 under construction

SHOWCASED SOUTH MARKET DISTRICT ESTABLISHMENTS
Willa Jean
The Daily Beet
Poke Loa
MayPop
Otra Vez
Magasin Kitchen
Tava Indian
District Donuts
Blaze Pizza
Barre 3
Arhaus
Rye 51/Q Clothier
Blanc Beauty Bar

Expand All 3 Spaces Available

Suite: 104-A (Former Starbucks) 2,145 SF $45 PSF (Annual) NNN
Suite: Retail 3 1,824 SF $45 PSF (Annual) NNN
Suite: Retail 6 3,053 SF $45 PSF (Annual) NNN

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41222086
Zoning: CBD-1
Tenancy: Multiple Tenants

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,007 199,568 403,897
Median Age: 36.77 35.76 37.05
Households: 11,136 86,522 169,502

Contact

Photograph of Listing Agent

Jack Egle

Felicity Property Co., LLC
New Orleans, LA
LACDB Member
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