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: |
5/27/2020 |
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.
|
| 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 |
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 |
|
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