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Street-Level Retail Suite
For Lease
$35 SF/Yr

5405 Magazine Street, New Orleans, LA 70115

Retail or service space within a walkable urban business district surrounded by boutiques, dining, coffee shops, and neighborhood services.

Space Size850 SF
Property Size6,308 SF
Days on Market22

Property Features for 5405 Magazine Street

General Information

Standard status Active
Size 850 SF
Net Rentable 850 SF
Property subtype Retail - Street Retail
Zoning HU-B1

Space & Availability

Available Space 850 SF
Contiguous Space 850 SF
Floor Ground
Space Use Retail

Building Details

Building Size 6,308 SF

Spaces For Lease

at 5405 Magazine Street Contact us

5404 Magazine Retail $35/SF/Yr

Floor
Ground
Size
850 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: SVN | Urban Properties
Listed By: Richard Brennan
Source: Commercialcafe
Added: Aug 10 Changed: Aug 30 Last Checked: Aug 31 at 1:28PM

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 SVN | Urban Properties

Investment Insights

Based on property information with market context.

This street-level retail suite offers approximately 850 ± square feet in New Orleans’ Uptown/Audubon submarket. The space is positioned for retail or service use within a historic urban neighborhood business district designated HU-B1.

The property sits along Magazine Street, a walkable corridor serving surrounding residential neighborhoods and visitors. Nearby commercial activity includes boutique retail, restaurants, coffee shops, and service providers, with proximity to the Garden District, Audubon Park, and St. Charles Avenue. The corridor also provides access to Uptown, Downtown, and surrounding neighborhoods.

Key Highlights

  • 850 ± square‑foot street‑level retail suite
  • HU‑B1 historic urban neighborhood business district designation
  • Located along New Orleans’ Magazine Street retail corridor

Property Analytics

Current Use

Emergency Dental Dental Office

Suggested Use

Top Pick HVAC Service Barber Shop Grocery & Convenience Store Auto Parts Store Building Supply Food Market

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

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,644
Businesses Nearby
121k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 52% Shops & Services 25% Dining 17% Beauty & Spa 4%
Whole Foods Market Groceries
35,673 visits/mo 0.1 miles
Winn-Dixie Groceries
27,134 visits/mo 0.3 miles
Shell Shops & Services
11,566 visits/mo 0.3 miles
Starbucks Dining
7,234 visits/mo 0.4 miles
Petco Shops & Services
6,389 visits/mo 0.3 miles

Demographics for 70115, LA

31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value

Market

Lease Benchmarks for New Orleans, LA

$29.77 /SF/Yr
Avg Asking Price
$5.5–$250 /SF/Yr
Price Range
26,081 SF
Avg Space Size

This space is priced 18% above the average of $29.77 /SF/Yr.

Vacancy Rate% for Retail in New Orleans, LA

5.5% 2019
7.2% 2020
5.7% 2021
4.3% 2022
3.6% 2023
3.9% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail or service space within a walkable urban business district surrounded by boutiques, dining, coffee shops, and neighborhood services.
Where is this retail space located?
The property is located at 5405 Magazine Street New Orleans, LA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 850 ± square‑foot street‑level retail suite; HU‑B1 historic urban neighborhood business district designation; Located along New Orleans’ Magazine Street retail corridor
More about this property
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