5631 MAGAZINE Street, New Orleans, LA 70115 (MLS# NO2576155)

Remarks & Misc

Remarks

Available for sale, 5631 Magazine Street presents a rare opportunity to acquire an extremely well-located, multi-tenant property in the heart of Uptown New Orleans. Positioned directly across from Whole Foods, the property benefits from exceptional visibility, consistent foot traffic, and proximity to some of the city's most popular retail, dining, and lifestyle destinations. The building is currently configured as three commercial units: District Donuts, a popular local favorite, occupies the +-300 SF corner suite under an absolute NNN lease at $2,250/month, with +-3 years remaining and strong desire to stay. Love Weld, a national jewelry retailer, recently executed a new lease and is currently paying $4,750/month NNN. The rear office suite, a former residential unit converted intoa boutique office space--includes three private offices, a full kitchen, conference area, off-street parking, and reception. It is currently leased through the end of 2026 at $4,000/month NNN but may be available to an owner/occupant. With in-place income and high-quality tenants, 5631 Magazine offers flexibility for investors seeking steady returns or owner-occupants looking to establish a presence on one of the city's premier commercial corridors.

Office/Member/Contract Info

List AOR

NOMAR

Property Type

Retail

Yes

Construction

Other

Yes

Lot Description

Corner

Yes

Property Features