Ground Floor Retail Space at Sonesta ES Suites

Retail-Commercial for Lease
Catylist Listing ID: 30458829
Property Subtypes: Convenience Store, Street Retail
Contiguous Space: 1,996 SF
Gross Building Area: See Agent
Lease Rate: $27 PSF (Annual)
Base Monthly Rent: $4,491
Lease Types: NNN
In Opportunity Zone? Yes
Building Name: Sonesta ES Suites
Usable Size (USF): 1,996 SF
Last Updated: 9/20/2021

Overview / Comments

This almost 2,000 sf ground floor retail space is located in the newly redeveloped Saratoga ES Suites, consisting of long-stay guest suites ranging from studio to penthouses. Opened in early 2020, the building caters to long-term-stay for business and medical needs.

This corner is a busy intersection of Tulane and Loyola avenues, key arteries for downtown New Orleans. It provides the boundary for both the Central Business and Medical Districts. It is ideally located within walking distance of medical care,
the planned Charity Hospital and Warwick Hotel mixed-use developments, Class A office space, City Hall, courthouses, the Superdome, Smoothie King Center, theaters, and more. It is only a few blocks from the French Quarter and is located on both streetcar and bus lines.

Expand All Available Space

Suite: 1 1,996 SF $27 PSF (Annual) NNN
Space Available: 1,996 SF
Lease Rate: $27 PSF (Annual)
$4,491 (Monthly)
Lease Type: NNN
Date Available: 12/19/2019
Space Type: New

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41033666
Zoning: CBD-1
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Tulane and Loyola avenues
Property Visibility: Excellent
Airports: MSY
Site Description: On a dynamic corner, intersecting with the Medical District and CBD, 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.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Renovated: 2019
Zoning Description: CORE CENTRAL BUSINESS DISTRICT Permitted Uses: Ideal for mixed-use development that accommodates a wide range of uses, including large office, financial, and commercial services for the local, regional, and national markets, retail, entertainment, and institutional uses. Include but are not limited to child and adult day care centers, grocery store, medical/ dental clinic, personal service establishment, restaurant, and many others.

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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

Photograph of Listing Agent

William Sadler

Corporate Realty
New Orleans, LA
LACDB Member
Photograph of Listing Agent

Austin Lavin, CCIM

Corporate Realty - Main Office
New Orleans, LA
LACDB Member
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