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Renovated Restaurant with Patio
For Lease
$5,500/Mo

801 Patterson Dr, New Orleans, LA 70114

Features include a built-out bar, hooded kitchen, grease trap, and landscaped patio.

Space SizeContact for details
Days on Market110

Property Features for 801 Patterson Dr

General Information

Standard status Active
Total Parking Spaces 15
Zoning HU-MU

Restaurant

Seating Capacity 90
Commercial Hood Yes
Grease Trap Yes
Patio Yes
Equipment Included Yes

Additional Details

Space Use Restaurant

Building Details

Year Renovated 2023
Listing Agency: eXp Realty, LLC
Listed By: Cassi Dymond
Source: Exprealty
Added: Jun 29 Changed: Oct 10 Last Checked: Oct 15 at 2:29AM

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 eXp Realty, LLC

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Investment Insights

Based on property information with market context.

This 3,250-square-foot restaurant space received a complete renovation in 2023 and is configured for seating of up to 90 guests. Improvements include a finished bar, commercial kitchen with hood and grease trap, landscaped outdoor patio, and a dedicated parking lot with 15 spaces.

The property is located at 801 Patterson Dr in Algiers Point, directly across from the levee path and steps from Federal City. The HU-MU zoning designation allows several uses, including standard restaurants, micro-breweries, and retail-goods establishments.

Key Highlights

  • 3,250‑square‑foot restaurant space renovated in 2023
  • Seating capacity of up to 90 guests
  • Built‑out bar and kitchen with hood and grease trap

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Building Supply Kitchen & Bath Showroom Electrical Service HVAC Service (Bike/Boat/Book/etc) 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

Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
$3.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

536
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70114, LA

23,127
Population
11,860
Households
2
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
5.1 sq mi
ZIP Area
4,535
Density / Sq Mi
$41,435
Median Household Income
$31,743
Median Earnings
$1,113
Median Rent
$194,100
Median Home Value
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Market

Lease Benchmarks for New Orleans, LA

$27.5 /SF/Yr
Avg Asking Price
$9.04–$68 /SF/Yr
Price Range
50,621 SF
Avg Space Size

This space is priced 26% below the average of $27.5 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Features include a built-out bar, hooded kitchen, grease trap, and landscaped patio.
Where is this conventional restaurant located?
The property is located at 801 Patterson Dr New Orleans, LA.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: 3,250‑square‑foot restaurant space renovated in 2023; Seating capacity of up to 90 guests; Built‑out bar and kitchen with hood and grease trap
More about this property
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