New Orleans, LA Conventional Restaurants for Lease
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New Orleans, LA Conventional restaurants Lease Rates & Market Statistics
Browse 27 Conventional restaurants for lease in New Orleans, LA on Realmo, a commercial real estate marketplace serving the New Orleans area. The current inventory totals 1,214,912 square feet of properties — an average of ~45,000 SF per listing.
Conventional restaurants lease rates in New Orleans range from $9.04 SF/Yr at the entry level to $68 SF/Yr at the top of the market, averaging $27.50 SF/Yr. That's a 8x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $27.50 SF/Yr, the local average runs 16% below Louisiana's state average of $32.56 SF/Yr.
Conventional restaurants make up 69% of the 39 Restaurants currently for lease in New Orleans, with asking rates in line with the citywide Restaurants average. Also worth a look for tenants weighing alternatives: Bars & Pubs (14 listings) and Commercial kitchens (11 listings) elsewhere in the New Orleans market.
