Federico Grocery Bldg for Lease

Retail-Commercial for Lease
Catylist Listing ID: 30556166
Property Subtypes: Free-Standing Building
Contiguous Space: 4,000 SF
Gross Building Area: See Agent
Gross Land Area: 8,385 SF
Lease Rate: $12 PSF (Annual)
Base Monthly Rent: $4,000
Lease Types: NNN
In Opportunity Zone? Yes
Last Updated: 2/5/2020

Overview / Comments

Constructed in 1920 as the Joseph Federico Co. grocery, Joseph Federico Sr., a native of Palermo, Italy, had operated a small grocery store on the same block at 1509 Dryades since 1893. When he passed away in 1918, his sons Lawrence and A.J. carried on the family business and commissioned the new corner building. When initially constructed, the structure had a theater-like projecting sign and a highly ornamented contrasting facade with unpainted hard brick and cast-stone.
By 1935, the store had transferred ownership and was known as Foto's Italian Grocery. It was later operated under the H.G. Hill brand, and then Winn Dixie (which acquired the H.G. Hill chain in 1956). The building was still in use as a grocery store when Gloryland Mount Gillion Baptist Church acquired the property in 1956. It was converted by the church into a child development (Head Start) center.

Expand All Available Space

Suite: 1 4,000 SF $12 PSF (Annual) NNN
Space Available: 4,000 SF
Lease Rate: $12 PSF (Annual)
$4,000 (Monthly)
Lease Type: NNN
Date Available: 1/10/2020
Space Type: Relet

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41141618

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,256 204,205 404,881
Median Age: 36.52 35.63 37.03
Households: 12,411 88,532 169,488

Contact

Photograph of Listing Agent

Matt Eaton

RE/MAX Commercial Brokers Inc Metairie, LA 70002
LACDB Member
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