Catylist ID:
#30835532
New Orleans Riverside at Federal City
Retail-Commercial
for Lease
Catylist Listing ID: | 30835532 |
Property Subtypes: | Mixed Use, Street Retail |
Contiguous Space: | 1,490 SF |
Gross Building Area: | See Agent |
Lease Rate: |
$13.50 PSF (Annual) |
Base Monthly Rent: | $1,676 |
Lease Types: | Other |
In Opportunity Zone? | Yes |
Last Updated: | 9/28/2023 |
Overview / Comments
New Orleans Riverside at Federal City is a public-private mixed-use development located on the former Naval Support Activity (NSA) New Orleans, West Bank property in the Algiers historic district of New Orleans. The development is comprised of 156 acres and offers a mix of administrative, commercial, R&D, residential, and recreational opportunities. The property has approximately 800,000 square feet of existing structures available for adaptive reuse, as well as significant open space for build to suit facilities. New Orleans Riverside at Federal City is located in the Algiers District, the only part of New Orleans that is on the Mississippi River's West Bank. It is also directly across from and less than two miles east of the Central Business District (CBD) and French Quarter of New Orleans, along State Highway 90. It has convenient access to major interstate highways, railheads, the Mississippi River, and the international airport. Algiers Point is connected to the CBD by a ferry and interstate toll-free bridge. Public buses run routes both within Algiers and over the Crescent City Connection bridge, connecting Algiers with the CBD. Most land uses in Algiers are residential with some neighborhood retail, commerce, and light industrial uses. Federal City is located on one of the highest points in New Orleans and is above the 100-year floodplain. Due to the $15 billion of protection features constructed since Hurricane Katrina and the tailored facilities on the Secured Compound, Federal City is one of the most capable places for sustaining operations after a natural or manmade disaster. New Orleans Riverside at Federal City is currently home to: The Marine Force Reserves Headquarters, the 4th Marine Division, the 4th Marine Aircraft Wing, and the 4th Marine Logistics Group (411,000 sq. ft. of office space with over 1,500 full-time military positions and additional visiting reservists), New Orleans Military and Maritime Academy, a charter military school, Coast Guard Sector Command, Navy Federal Credit Union, 4th District Headquarters, New Orleans Police Department, NORD community pool, Little Lambs Child Development Center, Federal City Inn & Suites, a 128 room lodging facility, and Federal City Auditorium, a 400-person capacity Conference Center. |
Expand All Available Space
Suite: 115 | 1,490 SF | $13.50 PSF (Annual) Other |
Space Available: | 1,490 SF | |
Lease Rate: |
$13.50 PSF (Annual) $1,676 (Monthly) |
|
Lease Type: | Other | |
Space Description: | Former Subway end cap space at Town Center building. Ideal opportunity to continue Food & Beverage that does not require full-blown kitchen facility. Landlord seeking amenity-type tenant to service nearby daytime population and residents of New Orleans Riverside at Federal City. | |
Space Subcategory: | Neighborhood Center, Mixed Use | |
Date Available: | 3/1/2023 | |
Lease Term: | 36 Months | |
Space Type: | Relet | |
Parking Spaces | 100 |
Additional Details
Nearest MSA: | New Orleans-Metairie |
County: | Orleans |
Submarket/Township: | Westbank |
Submarket Type: | Historic District |
Tax ID/APN: | 41000004 |
Market Type: | Medium |
Road Type: | Paved |
Property Visibility: | Good |
Transportation: | Bus, Taxi, Water/Ferry |
Airports: | MSY |
Site Description: | 1,404 sf minimum divisible, 7661 sf maximum contiguous |
Area Description: | Located within new Federal City development, adjacent to the new marine force reserved headquarters. |
Tenancy: | Multiple Tenants |
Total Number of Buildings: | 1 |
Number of Stories: | 5 |
Property Condition: | Excellent |
Year Built: | 2011 |
Roof Type: | Other |
Construction/Siding: | Concrete, Steel Frame |
Total Parking Spaces: | 100 |
Parking Type: | Structure |
Heat Type: | Electricity |
Heat Source: | Central |
Air Conditioning: | Engineered System |
Interior Description: | White Box |
Demographic Statistics
Proximity: | 1 mile | 3 miles | 5 miles |
---|---|---|---|
Total Population: | 14,471 | 134,719 | 341,321 |
Median Age: | 36.26 | 37.19 | 36.09 |
Households: | 5,978 | 59,082 | 141,015 |
Contact
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