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Fourteen-Story Office Tower For Rent
For Lease
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701 Loyola Ave, New Orleans, LA 70113

Office tower with flexible layouts, secured lobby, and excellent accessibility.

Space Size500 SF - 10,599 SF
Days on Market867

Property Features for 701 Loyola Ave

General Information

Standard status Active
Size 500 SF - 10,599 SF
Property subtype Office
Lease Type Full Service

Building Details

Tenancy Multiple

Spaces For Lease

at 701 Loyola Ave Contact us

103

Size
500 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

1320

Size
1,647 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

802

Size
2,231 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us

805

Size
10,599 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Coldwell Banker Commercial TEC Realtors
Listed By: Mark Inman, CCIM, CPM
Source: Crexi
Added: Apr 17, 2024 Changed: Aug 28 Last Checked: Aug 8 at 7:48AM

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 Coldwell Banker Commercial TEC Realtors

Investment Insights

Based on property information with market context.

This fourteen-story office tower offers flexible office layouts and a secured lobby. The building provides excellent accessibility. Guest parking is available with free two-hour parking. While the facility does not provide direct parking, two major lots, including Champions Square Garage, are located within one block of the property. Leases are currently on full-service terms, with no operating expense pass-through or overtime HVAC.

Key Highlights

  • Flexible office layouts to suit various business needs.
  • Secured lobby providing a safe and professional environment.
  • Excellent accessibility to transportation and surrounding areas.

Property Analytics

Current Use

Shah, Yazbeck, and Almerico ... Law Firm The Law Office of James ... Law Firm The Hite Law Group, ... Law Firm Kyla Catchings Foster Care Service Kenya Curtis Foster Care Service

Suggested Use

Top Pick HVAC Service Building Supply Kitchen & Bath Showroom Auto Parts Store Veterinary Clinic Electrical 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
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8,412
Businesses Nearby

Demographics for 70113, LA

8,569
Population
5,512
Households
1.6
Avg Household Size
37
Median Age
27%
College-Educated
74%
High-School Grad
0.9 sq mi
ZIP Area
9,521
Density / Sq Mi
$36,897
Median Household Income
$31,126
Median Earnings
$960
Median Rent
$258,500
Median Home Value

Market

Lease Benchmarks for New Orleans, LA

$20.2 /SF/Yr
Avg Asking Price
$12.77–$26.99 /SF/Yr
Price Range
61,413 SF
Avg Space Size

This space is priced 33% below the average of $20.2 /SF/Yr.

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office tower with flexible layouts, secured lobby, and excellent accessibility.
Where is this office building located?
The property is located at 701 Loyola Ave New Orleans, LA.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: Flexible office layouts to suit various business needs.; Secured lobby providing a safe and professional environment.; Excellent accessibility to transportation and surrounding areas.
More about this property
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