For Lease
$32.50-$35 /SF/YR

611 O'keefe Ave New Orleans, LA 70113

Prime New Orleans retail space available.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional retail opportunity is located within The Paramount at South Market, a vibrant five-story building (262,515 total square feet) in the heart of New Orleans' South Market (SOMA) district. Built in 2014, this single building sits on a 1.22-acre lot and is zoned CBD-1. Two second-generation restaurant spaces are available, ranging from 1,817 to 2,102 square feet. Lease rates are $32.50 to $35 per square foot, with a NNN charge of $6.50 per square foot. The property's prime location offers unparalleled access to high foot traffic, drawing millions of locals and tourists annually. Its proximity to major landmarks like the Superdome, Smoothie King Center, and Champions Square ensures consistent visibility and accessibility. The surrounding area boasts a thriving mix of local boutiques, award-winning restaurants, national retailers, and galleries, creating a dynamic and desirable environment for businesses. This is a unique chance to establish a presence in one of New Orleans' most sought-after commercial districts. The building itself is a blend of renowned architecture and contemporary design, reflecting the rich history and modern energy of the neighborhood. This presents an ideal location for businesses seeking to capitalize on the area's bustling atmosphere and diverse clientele.

Highlights

  • Retail property, multifamily and restaurant use, multiple tenants.
  • 262,515 square foot building on a 1.22-acre lot, built in 2014.
  • Five-story building with CBD-1 zoning.
  • Two available retail spaces, 1,817 - 2,102 square feet each, in a second-generation restaurant space.
  • Lease rate: $32.50 - $35.00 per square foot, NNN: $6.50 per square foot.

Property Details for 611 O'keefe Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
262,515 SF
Year Built
2014
Buildings
1
Stories
5

Unit(s) available at that property

Space
Suite C-1
Size
1,817 SF
Rate per SF
$32.50
Space
Suite 8
Size
2,102 SF
Rate per SF
$35

Location Insight

City
New Orleans
County
Orleans
State
Louisiana
Latitude
29.948743878818
Longitude
-90.074778739606

FAQs

What type of property is this?
Retail property - Prime New Orleans retail space available.
Where is the retail property located?
The property is located at 611 O'keefe Ave New Orleans, LA.
What is the lease rate?
The lease rate is $32.50-$35 /SF/YR.
What are key features of this property?
This property features: Retail property, multifamily and restaurant use, multiple tenants.; 262,515 square foot building on a 1.22-acre lot, built in 2014.; Five-story building with CBD-1 zoning.
How can I contact the broker?
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611 O'keefe Ave
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