Magazine Street Restaurant Tenant
For Sale
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4800 Magazine St, New Orleans, LA 70115
Magazine Street Turn‑Key Restaurant - Tenant Buyout Opportunity
Property Size1,180 SF
Days on Market95
Property Features for 4800 Magazine St
General Information
Standard status
Active
Property type
Conventional restaurants, Restaurants
Size
1,180 SF
Net Rentable
1,180 SF
Elevators
N/A
Building Details
Year Built
1920
Year Renovated
2026
Buildings
1
Stories
1
Units
1
Listing Agency:
(917) 288-1871
Listed By:
Tal
(917) 288-1871
Added: Apr 28
Changed: Apr 29
Investment Insights
Based on property information with market context.
This turn-key restaurant space on Magazine Street is available via tenant buyout and lease transfer. The space has operated as a successful restaurant for over 10 years, offering an incoming operator the chance to step into a fully built-out location with existing infrastructure. The property features a fully built-out commercial kitchen with an existing hood, grease trap, and back-of-house infrastructure. A dining room, service counter, and restrooms are in place. The location is suited for fast-casual, full-service, or counter-service concepts. The current tenant is seeking to vacate via tenant buyout and lease transfer, and a new operator will enter into a lease with the landlord, subject to landlord approval. The location offers strong visibility, a walkable neighborhood, and an established customer base. The current tenant is seeking a one-time payment in connection with the existing restaurant build-out and infrastructure, including equipment and improvements. The buyout amount and scope of included items are negotiable, based on concept, credit, and timing. The location is suited for operators who want to avoid long build-out timelines, permitting delays, and large upfront construction costs. The property size is 1180 square feet. The property is located on Magazine Street in New Orleans.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,656
Businesses Nearby
64k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Groceries 35%
Home Improvements & Furnishings 11%
Shops & Services 10%
The Fresh Market
Groceries
22,387 visits/mo
0.5 miles
Starbucks
Dining
16,635 visits/mo
0.1 miles
Floor & Decor
Home Improvements & Furnishings
6,964 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
6,633 visits/mo
0.1 miles
Lush Cosmetics
Beauty & Spa
5,387 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
Market
Vacancy Rate% for Retail in New Orleans, LA
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Magazine Street Turn‑Key Restaurant - Tenant Buyout Opportunity
Where is this conventional restaurant located?
The property is located at 4800 Magazine St New Orleans, LA.