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Retail Space on Oak Street
For Lease
$5,750/Mo

8228 OAK Street, New Orleans, LA 70118

Retail space available for lease in New Orleans, LA.

Property Size2,040 SF
Days on Market143

Property Features for 8228 OAK Street

General Information

Standard status Active
Size 2,040 SF

Building Details

Year Built 1960
Listing Agency: ben + burka
Listed By: Aaron Kazanoff · License #0995700882
Source: Evrealestate
Added: Mar 10 Changed: Jul 6 Last Checked: Jul 30 at 5:28AM

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 ben + burka

Investment Insights

Based on property information with market context.

This retail space, located on Oak Street in New Orleans, Louisiana, offers 2,040 square feet of area. The property is suitable for commercial real estate purposes.

Key Highlights

  • Retail space available for lease.
  • Located in New Orleans, LA.
  • Central air conditioning.

Property Analytics

Current Use

PrimoHoagies Take-out & Catering

Suggested Use

Top Pick Dental Office Parking Lot & Garage Nail Salon Electrical Service Auto Parts Store (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

NNN (Triple Net)
Lease Type
$5.07 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,294
Businesses Nearby
37k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Dining 37% Home Improvements & Furnishings 3% Beauty & Spa 3%
Shell Shops & Services
9,171 visits/mo 0.4 miles
Chevron Shops & Services
5,992 visits/mo 0.3 miles
la Madeleine Country French Cafe Dining
5,803 visits/mo 0.4 miles
Whitney Bank Shops & Services
4,842 visits/mo 0.2 miles
Taco Loco Dining
3,633 visits/mo 0.4 miles

Demographics for 70118, LA

35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
Median Home Value

Market

Lease Benchmarks for New Orleans, LA

$28.86 /SF/Yr
Avg Asking Price
$6.84–$66.67 /SF/Yr
Price Range
3,373 SF
Avg Space Size

This space is priced 17% above the average of $28.86 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for lease in New Orleans, LA.
Where is this retail space located?
The property is located at 8228 OAK Street New Orleans, LA.
What is the lease rate?
The lease rate is $5,750 /Mo.
What are key features of this property?
This property features: Retail space available for lease.; Located in New Orleans, LA.; Central air conditioning.
More about this property
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