Restaurant Space with
For Lease
$3,950/Mo
2940 Elysian Fields Avenue, New Orleans, LA 70112
Vacant HU-B1-zoned premises include a walk-in freezer and cooler.
Space SizeContact for details
Property Size1,565 SF
Days on Market1490
Property Features for 2940 Elysian Fields Avenue
General Information
Standard status
Active
Size
1,565 SF
Total Parking Spaces
28
Zoning
HU-B1
Property Condition
Severity
Repairs Needed
Evidence
grey-shell condition
Site & Location
Neighborhood
St. Roch
Highway Access
Yes
Road Access
Yes
Restaurant
Second-Generation Restaurant
No
Walk-In Cooler/Freezer
Yes
Building Details
Building Size
1,565 SF
Year Built
1997
Stories
1
Listing Agency:
Ben & Burka
(504) 301-1002
Listed By:
Aaron Kazanoff · License #0995700882
(512) 799-3069
Source:
Cypresskeyrealty
Added: Sep 26, 2022
Changed: Oct 23
Last Checked: Oct 23 at 4:29PM
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 Ben & Burka
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Investment Insights
Based on property information with market context.
The 1,565-square-foot restaurant property was built in 1997 and is vacant, with a grey-shell interior. Existing features include a walk-in freezer and a walk-in cooler, along with 28 off-street parking spaces. HU-B1 zoning applies.
The property fronts Elysian Fields Avenue, on the stretch between I-610 and I-10. National restaurant and retail operators are in close proximity.
The property fronts Elysian Fields Avenue, on the stretch between I-610 and I-10. National restaurant and retail operators are in close proximity.
Key Highlights
- 1,565‑square‑foot restaurant property
- Vacant space in grey‑shell condition
- Walk‑in freezer and walk‑in cooler
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$4.54 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
72k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 45%
Dining 43%
Shops & Services 12%
Lowe's
Home Improvements & Furnishings
32,456 visits/mo
0.3 miles
McDonald's
Dining
21,921 visits/mo
0.1 miles
Burger King
Dining
8,873 visits/mo
0.2 miles
Shell
Shops & Services
7,356 visits/mo
0.2 miles
Extra Space Storage
Shops & Services
894 visits/mo
0.1 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
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Market
Lease Benchmarks for New Orleans, LA
$27.1 /SF/Yr
Avg Asking Price
$9.04–$68 /SF/Yr
Price Range
48,700 SF
Avg Space Size
This space is priced 12% above the average of $27.1 /SF/Yr.
Vacancy Rate% for Retail in New Orleans, LA
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Vacant HU-B1-zoned premises include a walk-in freezer and cooler.
Where is this conventional restaurant located?
The property is located at 2940 Elysian Fields Avenue New Orleans, LA.
What is the lease rate?
The lease rate is $3,950/Mo.
What are key features of this property?
This property features: 1,565‑square‑foot restaurant property; Vacant space in grey‑shell condition; Walk‑in freezer and walk‑in cooler
