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4119 Magazine St New Orleans, LA 70130

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For Sale
$1,850,000

Prime NNN retail investment property on Magazine Street for sale.

Lot size:
0.10 Acres

Property Features for 4119 Magazine St

General Information

Lot size
0.10 Acres

Source: ben + burka Agent Aaron Kazanoff

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Magazine Street NNN Investment Opportunity

Located on Magazine Street, this property presents an NNN investment opportunity in the Magazine Street commercial corridor. The property is occupied by Buffalo Exchange since 2015, with over five years remaining on a recently renewed lease. The lease includes annual 2.75% rental increases beginning in November. The corporately guaranteed NNN lease requires ownership to maintain only the roof and structure. A new roof was installed after Hurricane Ida. The property features high ceilings, abundant natural light, strong street presence, and ample mezzanine office and meeting space, offering a retail environment. It is surrounded by a mix of local and national retailers, restaurants, and businesses, including Waxing the City, Shaya, Neal Auction, Kiehl’s, Warby Parker, Indochino, Free People, and Untuckit. The property is situated in one of New Orleans’ retail corridors, known for its demographics and foot traffic.
Insight Report Location Intelligence

Current Use by Public Records

The Joy of Wellness Reiki Therapist Buffalo Exchange Used Clothing Store

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New Orleans
County
Jefferson
State
Louisiana
Longitude
-90.0985476
Latitude
29.9213244

FAQs

What type of property is this?
Retail space - Prime NNN retail investment property on Magazine Street for sale.
Where is this retail space located?
The property is located at 4119 Magazine St New Orleans, LA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: - NNN lease with over five years remaining and corporately guaranteed.; - Located in a high-traffic, vibrant retail corridor on Magazine Street.; - Tenant (Buffalo Exchange) has occupied the property since 2015.
More about this property
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