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Three-Story Mixed-Use Property
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5808 Magazine Street, New Orleans, LA 70115

New 2021, turnkey three-story mixed-use building with retail/restaurant space on lower floors and a residential penthouse above.

Space SizeContact for details
Days on Market122

Property Features for 5808 Magazine Street

General Information

Standard status Active
Property subtype Retail
Lease Type NNN

Additional Details

Business Included Yes
Multifamily Units 1

Building Details

Year Built 2021
Stories 3
Tenancy Multiple

Spaces For Lease

at 5808 Magazine Street Contact us

Retail Unit - Floors 1 & 2

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Talbot Realty Group
Listed By: Chris Talbot · License #LA 0000075986
Source: Crexi
Added: May 6 Changed: Sep 3 Last Checked: Sep 2 at 5:22PM

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 Talbot Realty Group

Investment Insights

Based on property information with market context.

5808 Magazine Street is a new-construction (2021) three-story mixed-use property presented as turnkey. The ground and second floors are suited for retail and restaurant concepts, while the third floor is a luxury residential penthouse.

The building is located on Magazine Street between Nashville Avenue and State Street. The immediate area includes nearby neighborhood retailers and dining options such as SABA, Bistro Daisy, Starbucks, and Whole Foods.

With retail/restaurant space below and a residence above, the property offers configuration flexibility for an owner-occupant or an operator looking for a mixed-use setup in a corridor that supports consistent retail and dining activity.

Key Highlights

  • New 2021, three‑story mixed‑use building with retail/restaurant space on the lower floors
  • Residential penthouse on the third floor
  • Mixed‑use setup offers flexibility for an owner‑occupant, investor, or operator

Property Analytics

Current Use

Main Squeeze Juice ... Specialty Food Shop

Suggested Use

Top Pick HVAC Service Barber Shop Grocery & Convenience Store Dental Office Food Market Auto Parts 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

1
Residential units
Turnkey business
Opportunity
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,605
Businesses Nearby
104k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 60% Dining 18% Shops & Services 16% Beauty & Spa 4%
Whole Foods Market Groceries
35,673 visits/mo 0.2 miles
Winn-Dixie Groceries
27,134 visits/mo 0.5 miles
Shell Shops & Services
11,566 visits/mo 0.4 miles
Starbucks Dining
7,234 visits/mo 0.1 miles
Wendy's Dining
5,390 visits/mo 0.5 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

$28.77 /SF/Yr
Avg Asking Price
$13–$50.06 /SF/Yr
Price Range
79,635 SF
Avg Space Size

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?
Mixed-use property - New 2021, turnkey three-story mixed-use building with retail/restaurant space on lower floors and a residential penthouse above.
Where is this mixed-use property located?
The property is located at 5808 Magazine Street New Orleans, LA.
What is the lease rate?
The lease rate is $2,950/Mo.
What are key features of this property?
This property features: New 2021, three‑story mixed‑use building with retail/restaurant space on the lower floors; Residential penthouse on the third floor; Mixed‑use setup offers flexibility for an owner‑occupant, investor, or operator
(504) 525-9763 Call to check price and availability
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