Renovated Retail Suite with Natural
For Lease
$11,700/Mo
509 N Carrollton Ave, New Orleans, LA 70119
HU-MU-zoned space offers new HVAC, flexible build-out capacity, and streetcar-line access in Mid-City.
Space Size4,681 SF
Property Size28,000 SF
Days on Market284
Property Features for 509 N Carrollton Ave
General Information
Standard status
Active
Size
4,681 SF
Net Rentable
4,681 SF
Property subtype
Retail
Zoning
HU-MU
Lease Type
NNN
Space & Availability
Available Space
4,681 SF
Contiguous Space
4,681 SF
Space Use
Retail
Lease Terms
Lease Rate
$11,700 /USD/MO
Monthly Rent
$11,700
Rent per SF/Year
$29.99
Amenities
new HVAC
large steel windows & doors
stubbed for additional restrooms, sinks, bars
shared parking lot
streetcar line
Lafitte Greenway
Building Details
Stories
2
Building Size
28,000 SF
Construction
masonry
Tenancy
Multi
Spaces For Lease
at 509 N Carrollton Ave Contact usAvailable Space $11,700/Mo
Contact us
Listing Agency:
Max J Derbes Inc
(504) 733-5981
Listed By:
David Quinn
(504) 733-5981
Source:
Lacdb.resimplifi
Added: Nov 18, 2025
Changed: Aug 29
Last Checked: Aug 29 at 4:03PM
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 Max J Derbes Inc
Investment Insights
Based on property information with market context.
Suite B provides approximately 4,681 square feet within a 28,000-square-foot, 2-storied masonry building. Recent improvements include new HVAC and large steel windows and doors that bring substantial daylight into the space. The suite is stubbed for additional restrooms, sinks, bars, and related improvements, with a second-floor mezzanine offering approximately 6,641 square feet of expansion potential. Shared parking is available in the lot adjoining Massey’s Outfitters.
The property is located at 509 N Carrollton Ave in New Orleans, next to the Mid-City Market retail development and directly beside the Lafitte Greenway pedestrian path. The site is on the streetcar line and carries a HU-MU, Historic Urban Neighborhood Mixed-Use District zoning designation.
The property is located at 509 N Carrollton Ave in New Orleans, next to the Mid-City Market retail development and directly beside the Lafitte Greenway pedestrian path. The site is on the streetcar line and carries a HU-MU, Historic Urban Neighborhood Mixed-Use District zoning designation.
Key Highlights
- Approximately 4,681 sq. ft. in Suite B within a 28,000 sq. ft. masonry building
- New HVAC and recently renovated interior with large steel windows and doors
- Approximately 6,641 sq. ft. of second‑floor mezzanine expansion potential
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,911
Businesses Nearby
243k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Dining 21%
Shops & Services 15%
Apparel 12%
Rouses Market
Groceries
53,082 visits/mo
0.1 miles
Winn-Dixie
Groceries
44,604 visits/mo
0.2 miles
Marshalls
Apparel
28,965 visits/mo
0.1 miles
Capital One Bank
Shops & Services
15,621 visits/mo
0.3 miles
Office Depot
Office Supplies
11,757 visits/mo
0.2 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
$32.9 /SF/Yr
Avg Asking Price
$10–$75.86 /SF/Yr
Price Range
12,477 SF
Avg Space Size
This space is priced 9% below the average of $32.9 /SF/Yr.
Vacancy Rate% for Retail in New Orleans, LA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - HU-MU-zoned space offers new HVAC, flexible build-out capacity, and streetcar-line access in Mid-City.
Where is this retail space located?
The property is located at 509 N Carrollton Ave New Orleans, LA.
What is the lease rate?
The lease rate is $11,700/Mo.
What are key features of this property?
This property features: Approximately 4,681 sq. ft. in Suite B within a 28,000 sq. ft. masonry building; New HVAC and recently renovated interior with large steel windows and doors; Approximately 6,641 sq. ft. of second‑floor mezzanine expansion potential
