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Storefront With Private Rear Yard

5020-22 Magazine Street, New Orleans, LA 70115

For Lease
$2,900/Mo NNN

Hardwood flooring and recent interior and exterior paint updates complement the rear outdoor area.

Space Size2,366 SF
Days on Market59

Property Features for 5020-22 Magazine Street

General Information

Standard status Active
Size 2,366 SF
Zoning HU-B1
Lease Type NNN

Site & Location

Neighborhood West Riverside

Additional Details

Available From Immediate

Amenities

private rear yard

Building Details

Building Size 1,183 SF
Year Built 1920
Stories 1
Listing Agency: Valmont Realtors
Listed By: Lauren M Rosendahl · License #995682127
Source: Cypresskeyrealty
Added: Sep 10 Changed: Nov 7 Last Checked: Nov 7 at 12:34PM

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 Valmont Realtors

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Investment Insights

Based on property information with market context.

This 1,183-square-foot storefront at 5020-22 Magazine Street has hardwood floors, recent interior and exterior paint, and a private rear yard between units. The property is zoned HU-B1 and offered on a triple-net lease with a preferred minimum term of two years.

The space may be combined with 5022 Magazine, adding another 1,183 square feet for a combined 2,366 square feet. The address is in New Orleans.

Key Highlights

  • 1,183‑square‑foot storefront
  • Private rear yard between units
  • Hardwood floors with recent interior and exterior paint

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick HVAC Service Barber Shop Accounting Firm Food Market Building Supply Grocery & Convenience 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

Location Intelligence

Trade Area within ½ mile

1,547
Businesses Nearby
123k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 61% Shops & Services 21% Dining 14% Beauty & Spa 2%
Rouses Market Groceries
39,840 visits/mo 0.5 miles
Whole Foods Market Groceries
35,673 visits/mo 0.5 miles
Petco Shops & Services
6,389 visits/mo 0.4 miles
PJ's Coffee of New Orleans Dining
4,792 visits/mo 0.4 miles
Chase Bank Shops & Services
4,681 visits/mo 0.3 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

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

Average Price Trend$/SF/Yr for Storefront properties in New Orleans, LA

$59.08 Jul
$32.17 Aug
$28.87 Sep
$29.76 Oct

Properties on Market for Storefront properties in New Orleans

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Rue Magnolia I LLC — 526 leontine st, new orleans, la 70115
  • Leaf + Petal NOLA — 4737 Tchoupitoulas St, New Orleans, LA 70115
  • Nola Flora — 4536 Magazine St, New Orleans, LA 70115

Frequently Asked Questions

What type of property is this?
Storefront property - Hardwood flooring and recent interior and exterior paint updates complement the rear outdoor area.
Where is this storefront property located?
The property is located at 5020-22 Magazine Street New Orleans, LA.
What is the lease rate?
The lease rate is $2,900/Mo.
What are key features of this property?
This property features: 1,183‑square‑foot storefront; Private rear yard between units; Hardwood floors with recent interior and exterior paint
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