2801 MAGAZINE Street, New Orleans, LA 70115 (MLS# NO2549290)

Remarks & Misc

Remarks

Available for sale, this premier multi-tenant shopping center presents a rare investment opportunity along one of Magazine Street's most coveted retail corridors in the Garden District / Irish Channel. With more than 32 dedicated off-street parking spaces, an exceptional amenity along this historic corridor, the property functions as a true neighborhood lifestyle destination with outstanding visibility, accessibility, and irreplaceable street presence. Anchored by nationally recognized tenants including Chipotle, Credit Human, and Insomnia Cookies, the center offers stable in-place income with meaningful upside through continued lease-up and strategic merchandising of the tenant mix. The layout also provides flexibility to create a +-12,000 SF contiguous end-cap opportunity suitable for a flagship or large-format retailer, a rarity along Magazine Street. Positioned among some of the corridor's most desirable retailers, restaurants, and hospitality concepts, the asset benefits from the unmatched fundamentals of a supply-constrained urban retail market. The property also offers long-term value through potential repositioning, redevelopment, or partial owner-occupancy, allowing investors to further enhance one of Magazine Street's most prominent retail destinations. Financial information available upon execution of a confidentiality agreement. For additional information, see the 2801 Magazine Street Investment Offering in attachments.

Office/Member/Contract Info

List AOR

NOMAR

Property Type

Restaurant

Yes

Retail

Yes

Shopping Center

Yes

Parking

Parking Lot

Yes

Construction

Block

Yes

Stucco

Yes

Features

Handicap Design

Yes

Lot Description

Corner

Yes

Electricity

3 Phase

Yes

Property Features