Special Restaurant Space Avail in Mid City N.O.

Retail-Commercial for Lease
Catylist Listing ID: 30808097
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Contiguous Space: 1,077 SF
Building Size (RSF): 1,077 SF
Gross Building Area: 2,700 SF
Lease Rate: $30 - 36 PSF (Annual)
Base Monthly Rent: $2,692 - 3,231
Lease Types: NNN
Ceiling: 20 ft.
Building Name: Mayhew Bakery
Usable Size (USF): 1,077 SF
Last Updated: 6/23/2022

Overview / Comments

Space was built out for specialty restaurant, a bakery that is currently operating and lease runs through September 31, 2022. Tenant is interested in selling equipment. Current tenants employees are interested in continuing to operate the space but no formal offers have been made.
Owner/Agent has office space at 3205 Orleans Ave. The outdoor space was recently upgraded, featuring solar panels and artificial turf. Use of the outdoor space will be conditional as part of new lease.
12 of the 400 watt solar panels are tied to the 3201 Orleans Ave. grid for net metering, which reduces Entergy expenses. The space does not currently have gas but can be added since gas lines are on site. Water meter is shared with other tenant, 50/50.
The air condition maintenance will be a condition of any new lease. Electrical meters are separated.

Attachments & Media

Expand All Available Space

Suite: 3201 1,077 SF $30 - 36 PSF (Annual) NNN
Space Available: 1,077 SF
Lease Rate: $30 - 36 PSF (Annual)
$2,692 - 3,231 (Monthly)
Lease Type: NNN
Space Description: Remodeled in 2019 and built out for bakery, formerly a wood frame baptist church that had complete mechanicals upgraded, grease trap installed, ADA ramp, and modern interior build outs.
Space Subcategory: Mixed Use, Net Leased
Date Available: 10/1/2022
Lease Term: 36 Months
Space Type: Relet
Tax Expenses $1.50 PSF (Annual)
Operating Expenses $2.50 PSF (Annual)
CAM Expenses $2.50 PSF (Annual)
Rent Escalators Index Lease
Rent Escalators Description 4% annually
Rent Concession TBD

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket Type: Historic District
Taxing Authority: New Orleans
Tax ID/APN: 41019197
Zoning: NNN NEIGHBORHOOD BUSINESS - B1
Retail Clientele: General, Family, Business, Tourist
Property Located Between: N. Broad St and Carrollton Ave.
Property Visibility: Excellent
Largest Nearby Street: Norman C Francis Pkwy
Feet of Frontage: 29
Traffic/Vehicle Count: 9,000
Highway Access: I-10 AND I-610
Airports: MSY
Site Description: Two lots subdivided into 1, outdoor space and common areas are shared.
Area Description: Located in the Faubourg St. John neighborhood, near Bayou St. John. Area has seen high demand with lots of renovations and increased property values.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,000 SF
Property Condition: Excellent
Year Built: 1920
Year Renovated: 2019
Roof Type: Gable
Construction/Siding: HardiePlank Siding
Exterior Description: Hardi siding with lush landscaping and trees
Parking Type: Surface
Parking Description: Street parking for customers, clients, and employees
Sprinklers: None
Heat Type: Electricity
Heat Source: Other
Air Conditioning: Other
Internet Access: Cable, DSL, Fiber Optic
Interior Description: Sheetrock ceiling and walls, recessed lighting, and lots of natural lights (windows)
Zoning Description: Neighborhood Commercial zoning with some provisos, same as B-1 zoning. Specialty restaurants are permitted use, cannot be full restaurant. Liquor license not allowed.
Lot Frontage: 29
Lot Depth: 120'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 28,826 194,370 378,009
Median Age: 35.87 36.4 37.2
Households: 12,063 83,708 162,873

Contact

Photograph of Listing Agent

Jared Zeller

Keller Williams Realty New Orleans New Orleans, LA 70118-1022
LACDB Member
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