Hard Corner Retail Location For Lease (Former Popeyes)

Retail-Commercial for Lease
Catylist Listing ID: 30769183
Property Subtypes: Car Wash, Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Vehicle Related
Contiguous Space: 1,290 - 10,800 SF
Gross Building Area: 1,290 SF
Gross Land Area: 10,800 SF
Lease Rate: $1 - 30 PSF (Annual)
Base Monthly Rent: $900 - 27,000
Lease Types: Ground Lease, Undisclosed, Net Lease, NNN, Absolute NNN
Last Updated: 11/21/2021

Overview / Comments

The building is a former Popeyes that flooded in Katrina and has been vacant since then. The site sits at a hard corner with a 4-way traffic light and gets 30,000 cars per day inbound/morning traffic. It is already permitted for a Drive-Through and has a conditional use in place for fast food and liquor sales.

The current structure is 1,290 square feet on a 10,800 square foot lot.

This is the main artery for all of the inbound traffic from Chalmette, Arabi, and the 9th Ward into the city and to I-10. The site is only 5 blocks to St. Claude & the Bywater. A lot of the younger people that are priced out of the Bywater are moving north on this side of St. Claude. The building is next to the neighborhood's largest child day care center and across the street from a food market/corner store.

Expand All Available Space

Suite: 1 10,800 SF $1 - 30 PSF (Annual) Undisclosed,Net Lease,NNN,Absolute NNN,Ground Lease
Space Available: 10,800 SF
Minimum Divisible: 1,290 SF
Lease Rate: $1 - 30 PSF (Annual)
$900 - 27,000 (Monthly)
Lease Type: Undisclosed,Net Lease,NNN,Absolute NNN,Ground Lease
Date Available: 9/1/2018
Space Type: New

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41070904
Zoning: HU-B1, PLUS CONDITIONAL USE FOR DRIVE-THROUGH AND LIQUOR SALES
Property Located Between: Corner of N.Claiborne and Desire
Property Visibility: Excellent
Feet of Frontage: 191
Traffic/Vehicle Count: 30,000
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,290 SF
Property Condition: Fair
Exterior Description: Building needs work.
Parking Type: Surface
Parking Description: Lots of parking plus drive through.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,927 130,134 339,131
Median Age: 37.76 37.53 35.6
Households: 7,425 56,820 140,031

Contact

Photograph of Listing Agent

Alexander Ramirez

CSM Realty, LLC. New Orleans, LA 70119
LACDB Member
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