New Retail Space Near
For Lease
$4,114/Mo
6750 Franklin Ave, New Orleans, LA 70122
New retail space near University of New Orleans and Lakefront Arena.
Space SizeContact for details
Days on Market218
Property Features for 6750 Franklin Ave
General Information
Standard status
Active
Site & Location
Neighborhood
Lake Terrace & Oaks
Building Details
Year Built
2023
Listing Agency:
Southeast Commercial of MS, LLC
Listed By:
Matthew Eaton · License #000072493
(504) 339-2136
Source:
Dominionplace
Added: Mar 26
Changed: Oct 26
Last Checked: Oct 7 at 4:40PM
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 Southeast Commercial of MS, LLC
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Investment Insights
Based on property information with market context.
This new construction retail end cap space offers 1,975 square feet in a high-traffic location. Situated next to the University of New Orleans and steps away from the Lakefront Arena, the property benefits from a dynamic atmosphere and a constant flow of traffic, catering to students and locals. The space is located within the only grocery store anchored shopping center for miles, anchored by Rouses Market, creating a synergistic retail environment.
Key Highlights
- Located next to the University of New Orleans and Lakefront Arena, ensuring high visibility and foot traffic.
- Anchored by Rouses Market, a major grocery store, driving consistent customer flow.
- Situated in the only grocery store anchored shopping center for miles, minimizing competition.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
57k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 78%
Dining 21%
Electronics 1%
Rouses Market
Groceries
44,447 visits/mo
0.2 miles
SUBWAY
Dining
4,469 visits/mo
0.1 miles
PJ's Coffee of New Orleans
Dining
4,441 visits/mo
0.2 miles
Smoothie King
Dining
3,058 visits/mo
0.2 miles
Boost Mobile
Electronics
731 visits/mo
0.2 miles
Demographics for 70122, LA
34,986
Population
17,131
Households
2
Avg Household Size
39
Median Age
37%
College-Educated
89%
High-School Grad
6.3 sq mi
ZIP Area
5,553
Density / Sq Mi
$47,613
Median Household Income
$38,248
Median Earnings
$1,196
Median Rent
$274,700
Median Home Value
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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
This space is priced 1% below the average of $25.3 /SF/Yr.
Vacancy Rate% for Retail in New Orleans, LA
Frequently Asked Questions
What type of property is this?
Retail space - New retail space near University of New Orleans and Lakefront Arena.
Where is this retail space located?
The property is located at 6750 Franklin Ave New Orleans, LA.
What is the lease rate?
The lease rate is $4,114/Mo.
What are key features of this property?
This property features: Located next to the University of New Orleans and Lakefront Arena, ensuring high visibility and foot traffic.; Anchored by Rouses Market, a major grocery store, driving consistent customer flow.; Situated in the only grocery store anchored shopping center for miles, minimizing competition.
