Lower Garden District Retail/Office
For Lease
$28 SF/Yr
1239 Saint Thomas Street, New Orleans, LA 70130
New development with retail and office space in New Orleans.
Space Size3,314 SF
Property Size17,624 SF
Days on Market264
Property Features for 1239 Saint Thomas Street
General Information
Standard status
Active
Size
3,314 SF
Property subtype
Retail
Lease Term
Gross
Building Details
Building Size
17,624 SF
Spaces For Lease
at 1239 Saint Thomas Street Contact us- Size
- 3,314 SF
- Term
- Negotiable
1239 Saint Thomas Street $28/SF/Yr
Listing Agency:
(225) 963-0115
Listed By:
Henry Shortess
(225) 963-0115
Source:
Urbanproperties
Added: Nov 21, 2025
Changed: Aug 11
Last Checked: Aug 12 at 4:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Henry Shortess
Investment Insights
Based on property information with market context.
Under construction with an anticipated delivery in April 2022, 1239 St. Thomas is part of The Stables, a new Lower Garden District development featuring ground floor retail and second floor office space. The building offers 1590 square feet of street-level retail and 1724 square feet of office space on the second floor. The Stables is designed as a collaborative workspace for design, real estate, technology, and engineering professionals, as well as a commercial space for food and beverage, fitness, and retail concepts. Anchored by a real estate development firm, an architecture and interior design practice, and a modern lighting studio, The Stables aims to contribute to Lower Magazine’s street culture with day and night activity and entertainment for residents, workers, and tourists. This conversion project revitalizes warehouses previously used for storage for French Quarter horse carriage tours, blending New Orleans tradition and modernity. The property is adjacent to the Lower Magazine business corridor and is encompassed by Annunciation, Thalia, and Saint Thomas Streets, with a large outdoor corner lot for parking at no additional cost. Located between the Warehouse and Garden Districts, it is less than half a mile from the Convention Center and easily accessible from the Pontchartrain Expressway/U.S. 90 and I-10.
Key Highlights
- Located in the Lower Garden District, adjacent to the Lower Magazine business corridor.
- New construction with anticipated delivery in April 2022.
- Offers street‑level retail (1590sf) and second‑floor office space (1724sf).
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,532
Businesses Nearby
Explore this area
Business Placement
Demographics for 70130, LA
14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
Market
Lease Benchmarks for New Orleans, LA
$25.92 /SF/Yr
Avg Asking Price
$6.84–$63.91 /SF/Yr
Price Range
11,766 SF
Avg Space Size
This space is priced 8% above the average of $25.92 /SF/Yr.
Vacancy Rate% for Office in New Orleans, LA
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Frequently Asked Questions
What type of property is this?
Retail space - New development with retail and office space in New Orleans.
Where is this retail space located?
The property is located at 1239 Saint Thomas Street New Orleans, LA.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Located in the Lower Garden District, adjacent to the Lower Magazine business corridor.; New construction with anticipated delivery in April 2022.; Offers **street‑level retail (1590sf) and second‑floor office space (1724sf)**.
