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Magazine Commons 2901-2917 Magazine St
2,540 SF of Retail Space Available in New Orleans, LA 70115
Highlights
- High Foot Traffic
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 103 | 2,540 SF | Negotiable | £19.09 /SF/PA £1.59 /SF/MO £48,495 /PA £4,041 /MO | Triple Net |
1st Floor, Ste 103
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Magazine Commons
- Tenant
- Description
- US Locations
- Reach
- French Truck Coffee
- Donut Shop
- 1
- -
| Tenant | Description | US Locations | Reach |
| French Truck Coffee | Donut Shop | 1 | - |
PROPERTY FACTS FOR 2901-2917 Magazine St , New Orleans, LA 70115
| Property Type | Retail | Total Land Area | 0.60 AC |
| Property Subtype | Storefront Retail/Office | Year Built/Renovated | 1977/2015 |
| Gross Internal Area | 19,032 SF | Parking Ratio | 1.64/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 19,032 SF |
| Total Land Area | 0.60 AC |
| Year Built/Renovated | 1977/2015 |
| Parking Ratio | 1.64/1,000 SF |
About the Property
Fully built out restaurant space which includes an approximate 14' ventilation / hood system, a large walk in cooler, a grease trap, and indoor and courtyard seating for up to 130 seats at full capacity. Some equipment is available. Magazine Commons is a mixed use center in the heart of the Garden District in New Orleans. The building improvements surround a beautiful brick patio and courtyard surrounding a great elm tree in the center. This 2 story property has restaurant, retail, office and a fitness center. The courtyard lighting has been updated to include up lighting on the trees and overhead string lighting. The property is located on the famed Magazine Street which is a pedestrian friendly shopping and restaurant destination in New Orleans. This property is being offered by the owner / agent. Owner is motivated with incentives for the right restaurant user.
- Courtyard
- Food Court
- Restaurant
- Security System
- Signage
- Monument Signage
Nearby Major Retailers
Presented by
Magazine Commons | 2901-2917 Magazine St
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