4800 Magazine St New Orleans, LA 70115

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.