Prime Magazine Street Corner

Retail-Commercial for Lease
Catylist Listing ID: 30787949
Property Subtypes: Mixed Use, Restaurant
Contiguous Space: 3,000 SF
Building Size (RSF): 3,000 SF
Gross Building Area: 6,108 SF
Gross Land Area: 3,960 SF
Lease Rate: $45 PSF (Annual)
Base Monthly Rent: $11,250
Lease Types: NNN
Last Updated: 5/9/2022

Overview / Comments

Commanding Corner on vibrant Magazine Street. Currently occupied by Juan's Flying Burrito and next-door to Whole Food Market. Property has additional covered exterior seating plus 300+SF rear plumbed/wired attached storage. Property is zoned HU-B1 (Historic Urban Business District) and is operated as a full service restaurant with service of liquor/beer.
Other area tenants include Walgreens, coffee shops and numerous upscale retail and boutiques.

Call George Williamson, Owner/Agent (504) 451-3206

Expand All Available Space

Suite: 1 3,000 SF $45 PSF (Annual) NNN
Level/Floor: 1
Space Available: 3,000 SF
Lease Rate: $45 PSF (Annual)
$11,250 (Monthly)
Lease Type: NNN
Space Description: Long standing neighborhood restaurant and bar. Wrap around solid awning affords additional outdoors seating
Date Available: 6/1/2022
Lease Term: 60 Months
Space Type: Relet
Kitchen Yes
Parking Spaces 3
Tax Expenses $2.79 PSF (Annual)
Operating Expenses $2.80 PSF (Annual)
CAM Expenses $2.46 PSF (Annual)
Rent Escalators Other

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Submarket Type: Historic District
Taxing Authority: Orleans
Tax ID/APN: 41058618
Zoning: HU-B1
Retail Clientele: Family, Tourist
Property Located Between: Magazine and Joseph
Property Visibility: Excellent
Largest Nearby Street: Magazine
Feet of Frontage: 40
Site Description: Corner Magazine and Joseph Streets.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1910
Year Renovated: 2010
Roof Type: Gable
Construction/Siding: Wood Siding
Parking Type: Other
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Internet Access: Cable, DSL
Zoning Description: HU-B1
Lot Frontage: 153
Lot Depth: 120
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SQ 189 Lot 9 PT 8 Magazine & Joseph 33' x 120'

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,745 148,371 367,503
Median Age: 38.49 36.01 37.33
Households: 8,882 62,234 153,761

Contact

Photograph of Listing Agent

George T Williamson

Williamson Brothers Realty New Orleans, LA 70115
LACDB Member
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