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    1111 Tulane Ave New Orleans, LA 70112

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    For Lease
    Contact for pricing

    4,376 SF Retail Space, High Traffic Location

    Lot size:
    4,376 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,376 square foot retail space presents a unique investment opportunity in the heart of New Orleans' Downtown submarket. Situated on the ground floor of a 167-unit condominium development, which also possesses a hospitality license, this single-tenant property boasts a highly desirable location. The space is a blank canvas ("open white box"), offering maximum flexibility for tenant build-out and customization. Its strategic corner location directly benefits from high foot traffic and vehicular traffic counts along Tulane Avenue. Further enhancing its appeal, the property is conveniently situated at a bus stop and directly across the street from the Tulane Medical School campus, ensuring a consistent flow of potential customers. Located in Orleans Parish, Louisiana, at 1111 Tulane Avenue, New Orleans, LA 70112, this property offers unparalleled access to a vibrant and densely populated area. The property type is retail, with a single tenancy. This presents a rare chance to establish a thriving business in a prime location with significant pedestrian and vehicular traffic. The property's proximity to a major educational institution and its high visibility make it an ideal space for a variety of retail uses.

    Property Features for 1111 Tulane Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,376 SF

    Unit(s) available at that property

    Space
    Size
    4,376 SF

    HighLights

    • 4,376 SF retail space in New Orleans' Downtown submarket.
    • Ground floor location within a 167‑unit condo building with a hospitality license.
    • Open, flexible space ideal for tenant build‑out.
    • High foot and vehicular traffic corner location on Tulane Avenue.
    • Convenient bus stop location across from Tulane Medical School.
    • Single‑tenant occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    2 Bedroom Luxury ... Hotel Upscale Condos and Penthouses ... Hotel Girls trip room Homestay Hotel Hotel California Building - Urban ... Furnished Apartment Building

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Restaurant Building Supply Daycare Center Gym & Fitness Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.0743526
    Latitude
    29.9545479

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    FAQs

    What type of property is this?
    Retail property - 4,376 SF Retail Space, High Traffic Location
    Where is this retail property located?
    The property is located at 1111 Tulane Ave New Orleans, LA.
    What are key features of this property?
    This property features: 4,376 SF retail space in New Orleans' Downtown submarket.; Ground floor location within a 167-unit condo building with a hospitality license.; Open, flexible space ideal for tenant build-out.
    Request Owner's contact information
    1111 Tulane Ave New Orleans, LA 70112
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    New Orleans, LA 70112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1111 Tulane Ave New Orleans, LA 70112
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