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Five-Office Building with Shared Amenities

1502 N Derbigny St, New Orleans, LA 70116

For Lease
New
$700/Mo

Tenants share access to a waiting area, conference room, kitchen, and mail/work room.

Space SizeContact for details
Days on Market5

Property Features for 1502 N Derbigny St

General Information

Standard status Active

Space & Availability

Space Use Office
Sublease No

Site & Location

Neighborhood Treme - Lafitte

Amenities

dedicated waiting room
conference room
updated kitchen
shared mail/work room
secure entry
restrooms
cleaning services
Listing Agency: eXp Realty, LLC
Listed By: Victoria Jean Will · License #995714559
Source: Exprealty
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 6 at 2:13PM

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 eXp Realty, LLC

Rey
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Investment Insights

Based on property information with market context.

At 1502 N Derbigny St in New Orleans, this 3,372-square-foot office property contains five offices. Shared spaces include a waiting area, conference room, kitchen, and mail/work room with tenant mailboxes and a printer. The kitchen has filtered water, a refrigerator, dishwasher, and coffee station. Two unisex restrooms serve the building, and each tenant has keyless entry with access that can be shared with clients.

Common areas are cleaned weekly. The lease also provides for optional in-office cleaning, and tenants may sublease their offices. The owners work in the building and live nearby.

Key Highlights

  • Five offices within a 3,372‑square‑foot property
  • Shared waiting area, conference room, kitchen, and mail/work room
  • Kitchen includes filtered water, refrigerator, dishwasher, and coffee station

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The V Restaurant

Suggested Use

Top Pick Dental Office Furniture & Home Goods Kitchen & Bath Showroom Locksmith Carpet & Flooring Store HVAC Service

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
$0.37 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,717
Businesses Nearby

Demographics for 70116, LA

10,676
Population
9,620
Households
1.1
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
8,212
Density / Sq Mi
$45,580
Median Household Income
$34,849
Median Earnings
$1,190
Median Rent
$385,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New Orleans, LA

$21.29 /SF/Yr
Avg Asking Price
$1.78–$72 /SF/Yr
Price Range
18,439 SF
Avg Space Size

This space is priced 88% below the average of $21.29 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in New Orleans, LA

$42.69 Jul
$21.67 Aug
$22.94 Sep
$22.39 Oct

Properties on Market for Office Units in New Orleans

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Tenants share access to a waiting area, conference room, kitchen, and mail/work room.
Where is this office unit located?
The property is located at 1502 N Derbigny St New Orleans, LA.
What is the lease rate?
The lease rate is $700/Mo.
What are key features of this property?
This property features: Five offices within a 3,372‑square‑foot property; Shared waiting area, conference room, kitchen, and mail/work room; Kitchen includes filtered water, refrigerator, dishwasher, and coffee station
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