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    1222 Decatur St New Orleans, LA 70116

    For Lease
    $34 SF/Yr ($16,543 /Mo)

    French Quarter Retail Space Available

    Lot size:
    5,698 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1,550 sq ft retail space at 1222 Decatur Street in Orleans Parish offers unparalleled visibility and foot traffic in the heart of the French Quarter. Located directly adjacent to the French Market, this property benefits from approximately 4,497 daily vehicular counts on Decatur Street, and its proximity to numerous restaurants, shops, a farmer's market, and a flea market ensures high consumer traffic. The space, previously used for retail, is part of a larger 5,698 sq ft building with VCS zoning, allowing for a variety of uses including, but not limited to, single or multi-family residential, office space, art galleries, and restaurants. The landlord is willing to offer rent abatement for tenant improvements to qualified tenants, making this a highly attractive opportunity for businesses seeking a prime location in a vibrant and historic setting. The lease is a Triple Net (NNN) structure. The single suite within the building offers a total of 1,550 square feet of vacant space.

    Property Features for 1222 Decatur St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,698 SF
    Total Rate
    16543.19

    Unit(s) available at that property

    Space
    First Floor
    Size
    1,550 SF
    Rate per SF
    $34

    HighLights

    • Retail space totaling 1,550 square feet available for lease at 1222 Decatur St, New Orleans.
    • High‑traffic location with approximately 4,497 vehicles passing daily.
    • Landlord will consider rent abatement for tenant improvements.
    • Versatile VCS zoning allows for various uses, including retail, restaurant, office, or residential.
    • Exceptional location adjacent to the French Market and within walking distance of numerous restaurants, shops, and markets.
    • Triple Net (NNN) lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -90.0587848
    Latitude
    29.9610091

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    FAQs

    What type of property is this?
    Retail property - French Quarter Retail Space Available
    Where is this retail property located?
    The property is located at 1222 Decatur St New Orleans, LA.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: Retail space totaling 1,550 square feet available for lease at 1222 Decatur St, New Orleans.; High-traffic location with approximately 4,497 vehicles passing daily.; Landlord will consider rent abatement for tenant improvements.
    Request Owner's contact information
    1222 Decatur St New Orleans, LA 70116
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    New Orleans, LA 70116
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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
    1222 Decatur St New Orleans, LA 70116
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