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Downtown Retail Space in Saratoga
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212 Loyola Ave, New Orleans, LA 70112

High-end retail space in a newly redeveloped downtown hotel.

Space Size1,400 SF - 2,000 SF
Days on Market1271

Property Features for 212 Loyola Ave

General Information

Standard status Active
Size 1,400 SF - 2,000 SF
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Multiple

Spaces For Lease

at 212 Loyola Ave Contact us

Available Space 101

Size
1,400 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Available Space 1

Size
2,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Saurage Rotenberg Commercial Real Estate
Listed By: Carmen Austin, MBA, CCIM, SIOR · License #LA BROK.0912122713-ASA
Source: Crexi
Added: Mar 15, 2023 Changed: Sep 1 Last Checked: Sep 5 at 12:34PM

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 Saurage Rotenberg Commercial Real Estate

Investment Insights

Based on property information with market context.

Located in the historic Saratoga Building on a bustling corner, this ground floor retail space is situated in downtown New Orleans, near the Medical School, Super Dome, and Poydras Street. The space is in a newly redeveloped all-suite hotel, consisting of extended stay guest suites ranging from studio suites to penthouses. The location benefits from new growth and development, with access to hospitality, penthouses, newly developed condos and high rises, bars and restaurants, sporting events, concerts, and activities. The approximately 2,000 square foot "vanilla box" space features glass, high open ceilings, exposed brick, and concrete floors. It can be built-to-suit for various uses, such as a small bites restaurant, craft beer and wine bar, gourmet bakery, or coffee shop. The building caters to students, travelers, and those seeking short or long-term stays for business, pleasure, or medical needs. There is also the potential for a large, open-air, roof top bar. The corner location at the intersection of Tulane and Loyola Avenues serves as a key artery for downtown New Orleans, bordering the Central Business and Medical Districts. It is within walking distance of medical facilities, universities, the proposed Charity Hospital and Warwick Hotel mixed-use developments, Class A office space, city government, the Superdome, Smoothie King Center, theaters, restaurants, bars, and shopping. Public transportation, bus lines, and streetcar access are nearby.

Key Highlights

  • Prime location in the Historic Saratoga Building on a high‑traffic corner of Tulane and Loyola Avenues.
  • Ground floor retail space in a newly redeveloped all‑suite hotel.
  • Walking distance to the CBD, Superdome, French Quarter, medical facilities, and universities.

Property Analytics

Current Use

SKILHAT BIZSOL LLC Advertising Agency Sonesta ES Suites ... Hotel & Motel Nola Star Bar Bar & Pub Massie Services Dumpster ... General Contractor The Saratoga Apartment Building

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Nursing Home Butcher Locksmith Veterinary Clinic

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
$4.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11,503
Businesses Nearby
385k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 65% Groceries 14% Shops & Services 9% Dining 7%
The Ritz-Carlton, New Orleans Hotels & Casinos
59,768 visits/mo 0.2 miles
Rouses Market Groceries
49,050 visits/mo 0.4 miles
Chevron Shops & Services
23,516 visits/mo 0.4 miles
Holiday Inn New Orleans-Downtown Superdome Hotels & Casinos
20,500 visits/mo 0.1 miles
Wyndham New Orleans - French Quarter Hotels & Casinos
15,753 visits/mo 0.3 miles

Demographics for 70112, LA

4,988
Population
3,711
Households
1.3
Avg Household Size
35
Median Age
44%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
4,988
Density / Sq Mi
$23,052
Median Household Income
$36,029
Median Earnings
$1,063
Median Rent
$398,400
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 9% below 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 - High-end retail space in a newly redeveloped downtown hotel.
Where is this retail space located?
The property is located at 212 Loyola Ave New Orleans, LA.
What is the lease rate?
The lease rate is $27 SF/Yr.
What are key features of this property?
This property features: Prime location in the Historic Saratoga Building on a high‑traffic corner of Tulane and Loyola Avenues.; Ground floor retail space in a newly redeveloped all‑suite hotel.; Walking distance to the CBD, Superdome, French Quarter, medical facilities, and universities.
(225) 328-1778 Call to check price and availability
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