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Retail Space on Sophie Wright
For Lease
$4,400/Mo

1927 SOPHIE WRIGHT Place, New Orleans, LA 70130

Retail space available for rent on Sophie Wright Place.

Space SizeContact for details
Days on Market151

Property Features for 1927 SOPHIE WRIGHT Place

General Information

Standard status Active
Zoning B1-A

Amenities

Central Air
Central
Balcony

Building Details

Year Built 1900
Stories 2
Listing Agency: Wright Commercial Realty Corporation
Listed By: David Wright · License #BROK.995683098
Source: Evrealestate
Added: Apr 3 Changed: Aug 25 Last Checked: Aug 30 at 1:09PM

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 Wright Commercial Realty Corporation

Investment Insights

Based on property information with market context.

This 2450-square-foot retail space is available for rent. The property is located on Sophie Wright Place in New Orleans, Louisiana. From Jackson Avenue, travel down Magazine Street; Sophie Wright Place is an extension of Magazine Street toward downtown. The property is located in Orleans County.

Key Highlights

  • Central air conditioning for year‑round comfort.
  • Central heating.
  • Enjoy outdoor living on the balcony.

Property Analytics

Current Use

Dashing Bicycles (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Acupuncture (Bike/Boat/Book/etc) Store Electrical Service Mobile Phone Store Pet Store & 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
$3.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,342
Businesses Nearby
89k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 43% Dining 39% Electronics 9% Beauty & Spa 7%
Shell Shops & Services
16,707 visits/mo 0.5 miles
Houston's Dining
15,342 visits/mo 0.4 miles
Shell Shops & Services
10,496 visits/mo 0.2 miles
Burger King Dining
10,204 visits/mo 0.4 miles
Chase Bank Shops & Services
8,500 visits/mo 0.4 miles

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

$32.9 /SF/Yr
Avg Asking Price
$10–$75.86 /SF/Yr
Price Range
12,477 SF
Avg Space Size

This space is priced 34% below the average of $32.9 /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 space available for rent on Sophie Wright Place.
Where is this retail space located?
The property is located at 1927 SOPHIE WRIGHT Place New Orleans, LA.
What is the lease rate?
The lease rate is $4,400/Mo.
What are key features of this property?
This property features: Central air conditioning for year‑round comfort.; Central heating.; Enjoy outdoor living on the balcony.
More about this property
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