Retail Space with Private Rear
For Lease
$2,900/Mo NNN
5020 Magazine St, New Orleans, LA 70115
Hardwood floors and recent interior and exterior paint updates complement the private outdoor area behind the units.
Space Size2,366 SF
Days on Market9
Property Features for 5020 Magazine St
General Information
Standard status
Active
Size
2,366 SF
Property subtype
Retail
Zoning
HU-B1
Lease Type
NNN
Site & Location
Neighborhood
West Riverside
Additional Details
Available From
Immediate
Amenities
hardwood floors
private rear yard
parade exposure
Vacant
Building Details
Tenancy
Single Tenant
Spaces For Lease
at 5020 Magazine St
Available Space
$2,900/Mo
Listing Agency:
Valmont Realty
Listed By:
Woody Koppel
(504) 259-6050
Source:
Lacdb.resimplifi
Added: Oct 21
Changed: Oct 27
Last Checked: Oct 28 at 4:44AM
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 Realty
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Investment Insights
Based on property information with market context.
The 1,183-square-foot retail space at 5020 Magazine Street has hardwood flooring, updated interior and exterior paint, and a private rear yard between the units. The space may be combined with 5022 Magazine, adding 1,183 square feet for a combined 2,366 square feet of commercial space.
The property is in a commercial corridor with shops, galleries, restaurants, bars, and service businesses. Zoning is HU-B1; prospective tenants should verify permitted and conditional uses. The lease is structured as NNN, with a minimum two-year term preferred. The owner is willing to assist with the conditional-use process if needed.
The property is in a commercial corridor with shops, galleries, restaurants, bars, and service businesses. Zoning is HU-B1; prospective tenants should verify permitted and conditional uses. The lease is structured as NNN, with a minimum two-year term preferred. The owner is willing to assist with the conditional-use process if needed.
Key Highlights
- 1,183 square feet at 5020 Magazine Street
- Can be combined with 5022 Magazine for 2,366 square feet total
- HU‑B1 zoning; owner may assist with conditional‑use approval
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,547
Businesses Nearby
123k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for New Orleans, LA
$25.3 /SF/Yr
Avg Asking Price
$5.5–$112 /SF/Yr
Price Range
21,449 SF
Avg Space Size
Vacancy Rate% for Retail in New Orleans, LA
Frequently Asked Questions
What type of property is this?
Retail space - Hardwood floors and recent interior and exterior paint updates complement the private outdoor area behind the units.
Where is this retail space located?
The property is located at 5020 Magazine St 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 feet at 5020 Magazine Street; Can be combined with 5022 Magazine for 2,366 square feet total; HU‑B1 zoning; owner may assist with conditional‑use approval
