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Three-Story Storefront Property
For Lease
$3,750/Mo

3401 Tulane Ave, New Orleans, LA 70119

Ground-level retail is occupied, while the upper floors remain shell space for redevelopment.

Space Size6,000 SF
Days on Market256

Property Features for 3401 Tulane Ave

General Information

Standard status Active
Size 6,000 SF
Net Rentable 6,000 SF
Property subtype Retail
Zoning MU-1
Lease Type Gross

Space & Availability

Available Space 6,000 SF
Furnished No

Additional Details

Road Access Yes

Building Details

Stories 3

Spaces For Lease

at 3401 Tulane Ave Contact us

Available Space $3,750/Mo

Contact us
Listing Agency: Corporate Realty - Main Office
Listed By: Mitchell Halpern · License #995714139
Source: Lacdb.resimplifi
Added: Dec 18, 2025 Changed: Aug 29 Last Checked: Aug 30 at 1:12PM

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 Corporate Realty - Main Office

Investment Insights

Based on property information with market context.

This three-story storefront property places ground-floor retail at the signalized intersection of Tulane Avenue and Norman C. Francis Parkway. Russell’s Cleaners occupies the retail level, while the second and third floors are unfinished shell space totaling approximately 6,000 rsf.

The property is in Mid-City near the Bio-Medical District, UMC, VA Hospital, Xavier University, and dense residential development. The upper floors are identified for multifamily or office redevelopment, while the ground-floor configuration is suited to retail, showroom, medical, or service uses. Upper-floor terms are to be discussed as part of a larger development.

Key Highlights

  • Three‑story building at the signalized intersection of Tulane Avenue and Norman C. Francis Parkway
  • Ground‑floor retail occupied by Russell’s Cleaners
  • Second and third floors provide approximately 6,000 rsf of shell space

Property Analytics

Current Use

Poree's Embroidery and School ... (Bike/Boat/Book/etc) Store Russell's Cleaning Services (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store Carpet & Flooring Store Nursing Home

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

Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,830
Businesses Nearby
74k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 74% Shops & Services 14% Apparel 12%
Chick-fil-A Dining
52,823 visits/mo 0.4 miles
Goodwill Apparel
8,582 visits/mo 0.1 miles
U-Haul Moving & Storage at Tulane Shops & Services
4,314 visits/mo 0.5 miles
Whitney Bank Shops & Services
2,758 visits/mo 0.5 miles
Papa John's Pizza Dining
2,324 visits/mo 0.4 miles

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value

Market

Lease Benchmarks for New Orleans, LA

$31.75 /SF/Yr
Avg Asking Price
$7.52–$75.86 /SF/Yr
Price Range
3,384 SF
Avg Space Size

This space is priced 76% below the average of $31.75 /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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Similar Off Market Nearby

  • Fat Cat Flowers 3914 Howard Ave, New Orleans, LA 70125
  • Pistil & Stamen Flower Farm and Studio 2547 Palmyra St, New Orleans, LA 70117
  • MOSS Floral & Garden 935 N Lopez St, New Orleans, LA 70119

Frequently Asked Questions

What type of property is this?
Storefront property - Ground-level retail is occupied, while the upper floors remain shell space for redevelopment.
Where is this storefront property located?
The property is located at 3401 Tulane Ave New Orleans, LA.
What is the lease rate?
The lease rate is $3,750/Mo.
What are key features of this property?
This property features: Three‑story building at the signalized intersection of Tulane Avenue and Norman C. Francis Parkway; Ground‑floor retail occupied by Russell’s Cleaners; Second and third floors provide approximately 6,000 rsf of shell space
More about this property
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