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    701 Loyola Ave New Orleans, LA 70113

    Sponsored
    For Lease
    $13 SF/Yr

    Loyola Ave Office Tower, 8 Suites Available

    Lot size:
    61,218 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This fourteen-story office tower at 701 Loyola Avenue in New Orleans, Louisiana, offers a variety of flexible office spaces, ranging from 500 square feet to 18,723 square feet. The building features a secure lobby and excellent accessibility. The property consists of eight individual suites available for lease within a multi-tenant building located in Orleans Parish, zip code 70113. Leases are offered on full-service terms, meaning no operating expense pass-throughs are included in the rent. Furthermore, tenants will not be responsible for any overtime HVAC costs. While on-site parking is not provided, ample parking is readily available in two large parking lots within a one-block radius, including the convenient Champions Square Garage. Guests of the building enjoy two hours of free parking in these nearby lots. The property is classified as both office and land, offering a unique opportunity for businesses seeking a prominent location in the heart of New Orleans. This prime commercial real estate presents an excellent opportunity for businesses of all sizes. The building's central location and amenities make it an attractive option for companies seeking a well-connected and convenient workspace.

    Property Features for 701 Loyola Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    61,218 SF

    Unit(s) available at that property

    Space
    805
    Size
    10,599 SF
    Rate per SF
    $13
    Space
    1320
    Size
    1,647 SF
    Rate per SF
    $13
    Space
    1201
    Size
    13,740 SF
    Rate per SF
    $13
    Space
    802
    Size
    2,231 SF
    Rate per SF
    $13
    Space
    1203
    Size
    2,990 SF
    Rate per SF
    $13
    Space
    501
    Size
    18,723 SF
    Rate per SF
    $13
    Space
    601
    Size
    10,788 SF
    Rate per SF
    $13
    Space
    103
    Size
    500 SF
    Rate per SF
    $13

    HighLights

    • Fourteen‑story office tower at 701 Loyola Avenue, New Orleans, LA.
    • Offers flexible office suites ranging from 500 to 18,723 square feet.
    • Features a secure lobby and excellent accessibility; eight suites available for lease.
    • Full‑service leases with no operating expense pass‑throughs or overtime HVAC costs.
    • Ample nearby parking within one block, including Champions Square Garage (guests receive two hours free).
    • Classified as office and land; prime location in the heart of New Orleans.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shah, Yazbeck, and Almerico ... Law Firm The Law Office of James ... Law Firm The Hite Law Group, ... Law Firm Kyla Catchings Social Worker Kenya Curtis Social Worker

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    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
    -90.0770492
    Latitude
    29.9483286

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    FAQs

    What type of property is this?
    Land - Loyola Ave Office Tower, 8 Suites Available
    Where is this land located?
    The property is located at 701 Loyola Ave New Orleans, LA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Fourteen-story office tower at 701 Loyola Avenue, New Orleans, LA.; Offers flexible office suites ranging from 500 to 18,723 square feet.; Features a secure lobby and excellent accessibility; eight suites available for lease.
    Request Owner's contact information
    701 Loyola Ave New Orleans, LA 70113
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    New Orleans, LA 70113
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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
    701 Loyola Ave New Orleans, LA 70113
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