Catylist ID:
#30837146
FairGrounds Area Commercial
Retail-Commercial
for Lease
Also listed as Office, Industrial
| Catylist Listing ID: | 30837146 |
| Property Subtypes: | Street Retail, Other |
| Contiguous Space: | 1,375 SF |
| Building Size (RSF): | 1,375 SF |
| Gross Building Area: | 13,850 SF |
| Lease Rate: |
$16.53 PSF (Annual) |
| Base Monthly Rent: | $1,894 |
| Lease Types: | NNN |
| Ceiling: | 12 ft. |
| Building Name: | DeSaix Circle Center |
| Last Updated: | 5/4/2023 |
Overview / Comments
|
The building was constructed in 2003, utilizing a solid concrete tilt-wall structure. Suite C10 consists of 1,375 square feet of professional retail or office space. Building fronts Gentilly Blvd. at DeSaix Circle. Building currently has nine (9) tenants. Presently there are professional, retail and office tenants in the building. Off-street parking in front of the building suites. Property zoned L-I, Light Industrial providing a variety of uses. The suite is ideal for a variety of uses, retail, office or professional. Inspection by appointment only. Lessee's Agent will need to make prior appointment through the Listing Agent, at a mutually agreeable time. Base rental rate is $12.25 psf, triple net lease. Pass-through operating expense presently @ $4.27 psf, total monthly rent is $1,893.39. The pass-through operating expenses are recalculated every January of lease term and payable in February. This building did not flood in the aftermath of Hurricane Katrina! |
Attachments & Media
Expand All Available Space
| Suite: C10 | 1,375 SF | $16.53 PSF (Annual) NNN |
| Level/Floor: | first | |
| Space Available: | 1,375 SF | |
| Lease Rate: |
$16.53 PSF (Annual) $1,894 (Monthly) |
|
| Lease Type: | NNN | |
| Space Description: | This 1,375 square foot space designated as Suite C-10. The Unit has HVAC, florescent lighting, vinyl tile floor, painted drywall, off street parking and glass store front.
Unit C10 features a private office or break room, large open office/work area and a restroom (see photos and floor plan.). |
|
| Space Subcategory: | Strip Center, Neighborhood Center | |
| Date Available: | 5/1/2023 | |
| Lease Term: | 24 Months | |
| Space Type: | Relet | |
| Offices | 2 | |
| CAM Expenses | $4.27 PSF (Annual) | |
| Rent Escalators | Index Lease | |
| Rent Escalators Description | greater of CPI or fixed percentage, depending upon nature of occupancy and length of primary lease term. | |
Additional Details
| Nearest MSA: | New Orleans-Metairie |
| County: | Orleans |
| Submarket/Township: | MidCity/City Park |
| Submarket Type: | Suburban |
| Taxing Authority: | CITY OF NEW ORLEANS |
| Tax ID/APN: | 41076533 |
| Zoning: | L-I, LIGHT INDUSTRIAL |
| Market Type: | Large |
| Retail Clientele: | General, Family, Business |
| Property Located Between: | Paris Avenue and DeSaix Circle |
| Side of Street: | North |
| Road Type: | Paved |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Gentilly Blvd. |
| Feet of Frontage: | 60 |
| Transportation: | Bus |
| Highway Access: | Convenient to I-610 and I-10, located on Gentilly Blvd. access to the north/south via Paris Avenue or St. Bernard Avenue. |
| Site Description: | Relet space in a 13,850 square foot neighborhood strip center. |
| Area Description: | Located in a historic part of Gentilly/Mid-city, the most prominent landmarks are the Historic Fair Grounds Race Track, City Park, DeSaix Circle and Dillard University. The building's location at DeSaix Circle is a very recognizable address. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Excellent |
| Year Built: | 2003 |
| Year Renovated: | 2019 |
| Roof Type: | Arched |
| Construction/Siding: | Concrete - Tilt up |
| Exterior Description: | This concrete building was constructed in late 2003 and is concrete tilt wall construction. Ample parking on the front and side of the building. |
| Parking Type: | Surface |
| Parking Description: | Concrete pad |
| Sprinklers: | None |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Package Unit |
| Interior Description: | Finished and painted drywall, suspended acoustical tile ceilings, vinyl tile floor, vinyl tile in restroom, one private office or break room, balance of space open for retail or office. Please see photos and floor plan attached. |
| Zoning Description: | L-I, Light Industrial allows for a variety of uses |
| In Flood Plain?: | Yes |
| Lot Frontage: | 60 |
| Water Service: | Municipal |
| Sewer Type: | Municipal, Storm |
| Easements: | Utilities |
| Easements Description: | Typical and normal utility easements. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 21,195 | 151,632 | 336,790 |
| Median Age: | 38.74 | 36.47 | 36.89 |
| Households: | 9,329 | 64,602 | 144,347 |
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