Former Restaurant Space on
For Lease
Contact for pricing
2940 Elysian Fields Ave, New Orleans, LA
Vacant restaurant space with parking on high-traffic Elysian Fields.
Space Size1,565 SF
Lot Size0.26 Acres
Days on Market325
Property Features for 2940 Elysian Fields Ave
General Information
Standard status
Active
Size
1,565 SF
Lot size
0.26 Acres
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 2940 Elysian Fields Ave
2940 Elysian Fields Ave
$3,950/Mo
Floor
Bldg
Size
1,565 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- This former Waffle House property offers a rare opportunity to occupy or redevelop a highly visible site along a major commercial corridor in Gentilly. Strategically positioned on Elysian Fields Avenue between I-610 and I-10, the site benefits from exceptional vehicular traffic and accessibility.
- The building is currently vacant and delivered in grey-shell condition, offering a flexible layout for a wide range of retail or restaurant uses. Existing infrastructure includes a walk-in freezer and cooler, and the site is improved with 28 off-street parking spaces.
- Surrounded by a strong mix of national retailers, fast food concepts, and service-oriented businesses, the property is ideally situated to capitalize on the area’s growing consumer demand. This stretch of Elysian Fields is one of Gentilly’s most active commercial corridors, providing excellent visibility and consistent traffic counts.
Contact us
Listing Agency:
ben + burka
(504) 301-1002
Listed By:
Aaron Kazanoff · License #0995700882
(512) 799-3069
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Oct 9
Last Checked: Oct 14 at 10:12PM
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.
This former restaurant space is available for lease. Located on a high-traffic section of Elysian Fields Avenue between I-610 and I-10, the property is in close proximity to a number of national restaurants and retailers in Gentilly. The property is vacant and in grey-shell condition. It features a walk-in freezer and cooler, and provides 28 off-street parking spaces. The property size is 1565 square feet.
Key Highlights
- High‑traffic location on Elysian Fields Avenue between I‑610 and I‑10.
- 28 off‑street parking spaces.
- Walk‑in freezer and cooler included.
Property Analytics
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Current Use
Lease Details
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in New Orleans, LA
Similar Off Market Nearby
- Une Touché de la Nouvelle Orleans — 2535 Republic St, New Orleans, LA 70119
- Frenchmen Street BnB — 3040 Frenchmen St, New Orleans, LA 70122
Frequently Asked Questions
What type of property is this?
Breakfast & diner - Vacant restaurant space with parking on high-traffic Elysian Fields.
Where is this breakfast & diner located?
The property is located at 2940 Elysian Fields Ave 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: High‑traffic location on Elysian Fields Avenue between I‑610 and I‑10.; 28 off‑street parking spaces.; Walk‑in freezer and cooler included.
