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Two Retail Buildings with Private Parking

8718 & 8722 Oak St, New Orleans, LA 70118

For Lease
New
$4,500/Mo Modified Gross

The buildings can be leased together or individually under modified gross terms.

Space Size3,557 SF
Days on Market2

Property Features for 8718 & 8722 Oak St

General Information

Standard status Active
Size 3,557 SF
Property subtype Retail
Lease Type Modified Gross
Lease Term $4,500 per month (MG)

Space & Availability

Divisible Yes
Space Use Retail

Site & Location

Neighborhood Leonidas

Building Details

Building Size 3,557 SF
Construction shotgun-style

Spaces For Lease

at 8718 & 8722 Oak St
8718 & 8722 Oak St $4,500/Mo
Size 3,557 SF
Term Negotiable
Contact us
Listing Agency: Elifin Realty
Listed By: Noah Loveland · License #995711824
Source: Elifinrealty
Added: Nov 6 Last Checked: Nov 6 at 2:36PM

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 Elifin Realty

Rey
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Investment Insights

Based on property information with market context.

Two shotgun-style retail buildings are offered for lease in the Upper Oak Street corridor. The spaces may be leased as a pair or individually, with private off-street parking available to serve the properties.

The lease structure is modified gross, providing a defined arrangement for occupancy.

Key Highlights

  • Two shotgun‑style retail buildings
  • Available for lease together or separately
  • Private off‑street parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Sun Finance Co ... Loan Service Walkie Dat Rental Equipment Company Space Tiger Tattoos Tattoo & Piercing Shop

Suggested Use

Top Pick Dental Office Electrical Service Computer & Electronic Repair Garden Center Tech Support Center Locksmith

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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,017
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 69% Dining 18% Home Improvements & Furnishings 6% Beauty & Spa 6%
Chevron Shops & Services
5,992 visits/mo 0.5 miles
Whitney Bank Shops & Services
4,842 visits/mo 0.5 miles
SUBWAY Dining
2,825 visits/mo 0.5 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
1,001 visits/mo 0.5 miles
Supercuts Beauty & Spa
941 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New Orleans, LA

$25.35 /SF/Yr
Avg Asking Price
$5.5–$112 /SF/Yr
Price Range
21,748 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in New Orleans, LA

$42.09 Jul
$28.71 Aug
$26.68 Sep
$26.36 Oct

Properties on Market for Retail space in New Orleans

Jul
Aug
Sep
Oct

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?
Retail space - The buildings can be leased together or individually under modified gross terms.
Where is this retail space located?
The property is located at 8718 & 8722 Oak St New Orleans, LA.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Two shotgun‑style retail buildings; Available for lease together or separately; Private off‑street parking
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