First-Floor Retail
3029 Magazine Street, New Orleans, LA 70115
For Lease
New
$6,000/Mo
Commercial Lease, New Orleans, LA
Space Size1,276 SF
Lot Size0.13 Acres
Days on Market2
Property Features for 3029 Magazine Street
General Information
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Building Details
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Floors in Building
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Listing Agency:
Keller Williams Realty New Orleans
(504) 862-0100
Listed By:
Chris M Smith · License #000009641
(504) 231-2004
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 6 at 10:06PM
MLS# 200ORO
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Investment Insights
Based on property information with market context.
This 1,276-square-foot commercial space occupies the first floor of a building constructed in 1916. Interior features include concrete and painted or stained flooring, with central heating and air conditioning. The building has brick veneer, HardiPlank-type, and stone exterior materials. Public water and sewer service are available, along with cable service.
The storefront is at 3029 Magazine Street, between 7th and 8th Streets in New Orleans. It sits beside H. Rault Locksmiths and three doors from Miss Shirley's Chinese Restaurant, with other named businesses in the surrounding corridor, including West Elm, Magazine Antique Mall, and Fleurty Girl. On-street parking is listed.
The storefront is at 3029 Magazine Street, between 7th and 8th Streets in New Orleans. It sits beside H. Rault Locksmiths and three doors from Miss Shirley's Chinese Restaurant, with other named businesses in the surrounding corridor, including West Elm, Magazine Antique Mall, and Fleurty Girl. On-street parking is listed.
Key Highlights
- 1,276‑square‑foot first‑floor storefront
- HU‑B1 zoning
- At 3029 Magazine Street, between 7th and 8th Streets
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$8.46 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,672
Businesses Nearby
93k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Groceries 24%
Home Improvements & Furnishings 8%
Beauty & Spa 6%
McDonald's
Dining
29,032 visits/mo
0.4 miles
The Fresh Market
Groceries
22,387 visits/mo
0.3 miles
Starbucks
Dining
16,635 visits/mo
0.3 miles
Floor & Decor
Home Improvements & Furnishings
6,964 visits/mo
0.2 miles
Chipotle Mexican Grill
Dining
6,633 visits/mo
0.2 miles
Demographics for 70115, LA
31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value
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Market
Lease Benchmarks for New Orleans, LA
$28.97 /SF/Yr
Avg Asking Price
$5.5–$112 /SF/Yr
Price Range
13,582 SF
Avg Space Size
This space is priced 95% above the average of $28.97 /SF/Yr.
Average Price Trend$/SF/Yr for Storefront properties in New Orleans, LA
Properties on Market for Storefront properties in New Orleans
Vacancy Rate% for Retail in New Orleans, LA
Similar Off Market Nearby
- Kim Starr Wise Floral Events — 437 Philip St, New Orleans, LA 70130
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- Pamela Dennis Flowers — 2727 Prytania St Suite 16, New Orleans, LA 70130
- Harkins the Florist Inc — 1601 Magazine St, New Orleans, LA 70130
Frequently Asked Questions
What type of property is this?
Storefront property - The space has HU-B1 zoning, central heating, and central air conditioning.
Where is this storefront property located?
The property is located at 3029 Magazine Street New Orleans, LA.
What is the lease rate?
The lease rate is $6,000/Mo.
What are key features of this property?
This property features: 1,276‑square‑foot first‑floor storefront; HU‑B1 zoning; At 3029 Magazine Street, between 7th and 8th Streets
