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Renovated Flex Space with Warehouse
For Lease
$33,133 NNN

625-627 Celeste St, New Orleans, LA 70130

Two-story office component pairs updated interiors with attached warehouse functionality under an NNN lease structure.

Space SizeContact for details
Days on Market569

Property Features for 625-627 Celeste St

General Information

Standard status Active
Class Class A
Property subtype Industrial
Zoning MU-2
Lease Type NNN

Space & Availability

Space Use Warehouse
Sublease Yes
Available From Immediate

Additional Details

Highway Access Yes

Amenities

on-site gym with lockers

Building Details

Stories 2
Construction exposed brick

Spaces For Lease

at 625-627 Celeste St Contact us

Available Space $33,133/Mo

Contact us
Listing Agency: Elifin Realty
Listed By: Caden LeBlanc · License #SALE.995716536-ACT
Source: Lacdb.resimplifi
Added: Feb 6, 2025 Changed: Aug 28 Last Checked: Aug 28 at 6:51AM

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 Elifin Realty

Investment Insights

Based on property information with market context.

This flex property combines a two-story office building with an attached warehouse in a 42,653-square-foot configuration. Office improvements include modern renovations, exposed brick, high ceilings, and an on-site fitness area with lockers. The warehouse offers ceilings exceeding 20 feet and two roll-up doors. MU-2 zoning and an NNN lease structure are in place, with the master lease running through May 2028.

The property is positioned at 625-627 Celeste St in New Orleans’ Lower Garden District, across from Walmart and near the Warehouse District. Its location provides access to I-10 and the Port of New Orleans, while the surrounding area is identified as part of the Riverfront development area.

Key Highlights

  • 42,653‑square‑foot flex property with office and attached warehouse space
  • Two‑story office building with modern renovations, exposed brick, and high ceilings
  • Warehouse ceilings exceed 20 feet and include 2 roll‑up doors

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Spa & Massage Center Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,190
Businesses Nearby
Under-served
Demand for This Use

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

$13.25 /SF/Yr
Avg Asking Price
$5.25–$20.93 /SF/Yr
Price Range
13,759 SF
Avg Space Size

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-story office component pairs updated interiors with attached warehouse functionality under an NNN lease structure.
Where is this flex space located?
The property is located at 625-627 Celeste St New Orleans, LA.
What is the lease rate?
The lease rate is $33,133.
What are key features of this property?
This property features: 42,653‑square‑foot flex property with office and attached warehouse space; Two‑story office building with modern renovations, exposed brick, and high ceilings; Warehouse ceilings exceed 20 feet and include 2 roll‑up doors
More about this property
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