Catylist ID:
#30833850
Hard Corner Ground Floor Retail Space at Sonesta Hotel in CBD
Retail-Commercial
for Lease
| Catylist Listing ID: | 30833850 |
| Property Subtypes: | Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Post Office, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub |
| Contiguous Space: | 2,000 SF |
| Building Size (RSF): | 2,000 SF |
| Gross Building Area: | See Agent |
| Lease Rate: |
$27 PSF (Annual) |
| Base Monthly Rent: | $4,500 |
| Lease Types: | NNN |
| In Opportunity Zone? | Yes |
| Building Name: | Sonesta ES Suites |
| Last Updated: | 4/18/2024 |
Overview / Comments
|
Ideally Situated in the Historic Saratoga Building on the Bustling Hard Corner, this Ground Floor High-end Store-Front Downtown Retail Space is Located in the Walkable CBD near the Medical School and Super Dome and Poydras. This newly redeveloped Saratoga ES Suites is located in the heart of Downtown surrounded by burgeoning new growth and development with access to hospitality, penthouses, newly developed condos and high rises, thrilling bars and restaurants, as well as, sporting events, concerts and activities. This +/- 2,000 SF retail space is located at the ground floor access of this new all-suite hotel, consisting of a mix of leisurely extended stay guest suites ranging from studio suites to penthouses. Surrounded by new development and strong day-time traffic and foot traffic, walking distance to Bourbon St., this newly rebranded hotel opened recently in 2020 and caters to the ever-changing vibrant mix of tourism, working travelers, and students and medical services. This "vanilla box" space is surrounded by glass, high open ceilings, exposed brick and concrete floors and can be "built-to-suit" to provide the latest envisioning for the new entrepreneur offering a small bites restaurant, a craft beer and wine bar, a gourmet bakery, relaxing and curated bites and boards, bubbles, boutiques, and/or custom small batch crafted and brewed coffees offerings and/or many types of creative uses, this building caters to the student, the traveler, the explorer, or the eclectic serving both the needs of the neighborhood, short or long-term stay for both business or pleasure and/or medical needs. And in addition to the space described above, there's capability of a large, open-air, roof top bar. Contact Agent for more information. This corner is on the high-traffic busy intersection of Tulane and Loyola Avenues serving the key arteries for downtown New Orleans. It provides the boundary for both the Central Business and Medical Districts and is walking distance to the CBD, Super Dome, and the French Quarter and Bourbon St.. It is ideally located within walking distance of medical care, universities, the new proposed Charity Hospital and Warwick Hotel mixed-use developments, Class A office space, city government and services, the Superdome, Smoothie King Center, theaters, restaurants, bars, shopping and more. Walking distance from medical, universities, office buildings, shopping and the French Quarter, this location has access to public transportation, bus lines, and famed streetcar access. This is the perfect location to access and provide service and commerce to the eclectic energy and many walks of life that New Orleans has to offer. |
Attachments & Media
Expand All Available Space
| Suite: 1 | 2,000 SF | $27 PSF (Annual) NNN |
| Space Available: | 2,000 SF | |
| Lease Rate: |
$27 PSF (Annual) $4,500 (Monthly) |
|
| Lease Type: | NNN | |
| Date Available: | 2/15/2023 | |
| Space Type: | New | |
Additional Details
| Nearest MSA: | New Orleans-Metairie |
| County: | Orleans |
| Submarket/Township: | Greater New Orleans |
| Taxing Authority: | Orleans Parish |
| Tax ID/APN: | 105102104 |
| Zoning: | CBD-1 (CORE CENTRAL BUSINESS DISTRICT) |
| Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Convention |
| Property Visibility: | Excellent |
| Highway Access: | Just a few blocks from I-10 |
| Airports: | MSY |
| Site Description: | On a dynamic corner, intersecting with the Medical District and CDB, mere blocks from the French Quarter, and in close proximity to Sports and Entertainment District and City Hall. |
| Area Description: | Both streetcars and buses run along Loyola Ave. Across the street is Tulane Hospital and City Hall. Neighboring buildings include hotels, businesses, and restaurants. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 15 |
| Property Condition: | Excellent |
| Year Renovated: | 2020 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Zoning Description: | CBD-1: The CBD-1 Core Central Business District is intended for high-density, mixed-use development that accommodates a wide range of uses, including large office, financial, and commercial services uses that serve the local, regional, and national markets, as well as multi-family housing, retail, entertainment, hotel, government, and institutional uses. |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | SQ 299 LOT X SARATOGA AND TULANE 65' 3" OVER 94' 2" X 160'8" OVER 142' 2". |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 19,982 | 197,754 | 410,971 |
| Median Age: | 39.04 | 35.76 | 37.05 |
| Households: | 9,921 | 85,871 | 172,675 |
Contact
Carmen R Austin MBA CCIM SIORSaurage Rotenberg Commercial Real Estate, LLC Baton Rouge, LA 70809LACDB Member |
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