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Grocery-Anchored Shopping Center
For Lease
$20 SF/Yr

401 N Carrollton Ave, New Orleans, LA 70119

Mixed-use retail space includes shop, junior-anchor, and restaurant opportunities within a dense New Orleans commercial setting.

Space SizeContact for details
Days on Market147

Property Features for 401 N Carrollton Ave

General Information

Standard status Active
Property subtype Retail
Zoning MU-1
Lease Type NNN

Building Details

Year Built 2013

Spaces For Lease

at 401 N Carrollton Ave Contact us

Available Space $20/Mo

Contact us
Listing Agency: Stirling New Orleans
Listed By: Rhonda Sharkawy · License #912123339-ACT
Source: Lacdb.resimplifi
Added: Apr 7 Changed: Aug 29 Last Checked: Aug 30 at 1:18PM

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 Stirling New Orleans

Investment Insights

Based on property information with market context.

Mid-City Market is a 109,103-square-foot shopping center at the northwest corner of North Carrollton Avenue and Bienville Street in New Orleans. The project includes small-shop, junior-anchor, and restaurant space and carries MU-1 zoning. ALDI is scheduled to open in Q4 2026 as the grocery anchor.

The tenant roster includes Office Depot, Jefferson Feed Pet & Garden Center, Panera Bread, Verizon, Felipe’s Taqueria, Alma Restaurant, Five Guys, and Ochsner Health Center. The surrounding area is described as oak-lined and serves local restaurants, coffee shops, retailers, service businesses, and recreation uses. The property is positioned within an established, historically developed neighborhood with substantial surrounding density.

Key Highlights

  • 109,103‑square‑foot shopping center at North Carrollton Avenue and Bienville Street
  • ALDI grocery anchor scheduled to open in Q4 2026
  • Small‑shop, junior‑anchor, and restaurant space available

Property Analytics

Current Use

KeyMe Locksmiths Locksmith Winn Dixie Deli Food Market GNC (Bike/Boat/Book/etc) Store Winn-Dixie Pharmacy Grocery & Convenience Store Five Guys Restaurant

Suggested Use

Top Pick Dental Office Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Nail Salon Auto Parts Store

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,972
Businesses Nearby
255k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 38% Dining 20% Shops & Services 19% Apparel 11%
Rouses Market Groceries
53,082 visits/mo 0.2 miles
Winn-Dixie Groceries
44,604 visits/mo 0.0 miles
Marshalls Apparel
28,965 visits/mo 0.3 miles
Capital One Bank Shops & Services
15,621 visits/mo 0.2 miles
Shell Shops & Services
12,425 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

$23.44 /SF/Yr
Avg Asking Price
$14.18–$32 /SF/Yr
Price Range
44,021 SF
Avg Space Size

This space is priced 15% below the average of $23.44 /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

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  • Mid-City Market 401 N Carrollton Ave, New Orleans, LA 70119
  • Coinstar Kiosk - Bitcoin ATM Winn Dixie, 401 N Carrollton Ave, New Orleans, LA 70119

Frequently Asked Questions

What type of property is this?
Shopping center - Mixed-use retail space includes shop, junior-anchor, and restaurant opportunities within a dense New Orleans commercial setting.
Where is this shopping center located?
The property is located at 401 N Carrollton Ave New Orleans, LA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 109,103‑square‑foot shopping center at North Carrollton Avenue and Bienville Street; ALDI grocery anchor scheduled to open in Q4 2026; Small‑shop, junior‑anchor, and restaurant space available
More about this property
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