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Former Burger King Restaurant Space
For Lease
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512 City Park Ave, New Orleans, LA 70119

Restaurant space with drive-thru in Park Avenue Place.

Space Size2,800 SF
Lot Size0.63 Acres
Days on Market1001

Property Features for 512 City Park Ave

General Information

Standard status Active
Size 2,800 SF
Total Parking Spaces 36
Lot size 0.63 Acres
Property subtype Retail, Restaurant
Lease Type NNN

Building Details

Building Size 2,800 SF
Tenancy Single

Spaces For Lease

at 512 City Park Ave Contact us

Available Space

Size
2,800 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Corporate Realty
Listed By: Austin Lavin · License #LA SALE.0995683576-ACT
Source: Crexi
Added: Dec 4, 2023 Changed: Aug 17 Last Checked: Aug 28 at 8:23PM

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 Corporate Realty

Investment Insights

Based on property information with market context.

This quick-serve restaurant is located in the Park Avenue Place retail center. The 2,800-sf building occupies 27,672 sf of land. Formerly occupied by Burger King, the property operated a drive thru using a conditional use permit. The building can be utilized by another restaurant or redeveloped as a coffee shop, branch bank, or other retail use. The retail center also contains MoPho restaurant and Army and Airforce Reserve offices. The location is directly across the street from Delgado Community College and a few blocks from City Park, as well as approximately one mile from connection with the I-10. The site is easily accessible from the interstate and various major thoroughfares, attracting residents, tourists, and college students.

Key Highlights

  • High‑traffic location in Park Avenue Place retail center, attracting residents, tourists, and college students.
  • Previously operated as a Burger King with a drive‑thru (conditional use permit in place).
  • Redevelopment potential for various retail uses (coffee shop, bank, etc.).

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Dental Office Auto Parts Store Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service

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
$6.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,303
Businesses Nearby
38k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 97% Home Improvements & Furnishings 3%
Dollar Tree Shops & Services
21,516 visits/mo 0.3 miles
Shell Shops & Services
12,425 visits/mo 0.3 miles
Take 5 Oil Change Shops & Services
2,075 visits/mo 0.4 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
1,317 visits/mo 0.3 miles
Meineke Car Care Center Shops & Services
722 visits/mo 0.5 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

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
Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Restaurant space with drive-thru in Park Avenue Place.
Where is this drive through restaurant located?
The property is located at 512 City Park Ave New Orleans, LA.
What is the lease rate?
The lease rate is $44.64 SF/Yr.
What are key features of this property?
This property features: High‑traffic location in Park Avenue Place retail center, attracting residents, tourists, and college students.; Previously operated as a Burger King with a drive‑thru (conditional use permit in place).; Redevelopment potential for various retail uses (coffee shop, bank, etc.).
(504) 432-1232 Call to check price and availability
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