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Office Space on Gravier Street
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837 Gravier St, New Orleans, LA 70112

Office space for lease in a high-traffic location.

Space Size1,297 SF
Days on Market702

Property Features for 837 Gravier St

General Information

Standard status Active
Size 1,297 SF
Property subtype Office

Building Details

Tenancy Single

Spaces For Lease

at 837 Gravier St Contact us

Available Space

Size
1,297 SF
Type
Office
Availability
Active
Contact us
Listing Agency: Talbot Realty Group
Listed By: Michael Pou · License #LA 0000016049
Source: Crexi
Added: Oct 3, 2024 Changed: Aug 24 Last Checked: Sep 1 at 6:44AM

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 Talbot Realty Group

Investment Insights

Based on property information with market context.

Suite B at 837 Gravier St offers 1,297 square feet of office space. Situated on the corner of Common Street and Gravier Street, the property benefits from substantial pedestrian traffic, making it suitable for various commercial purposes. The lease terms include the tenant's responsibility for electricity, which is either sub-metered or based on an agreed estimate, and janitorial services. Water, sewer, and trash services are included in the lease. Additional rent is $1.50 per square foot, which covers insurance for ground floor spaces.

Key Highlights

  • High pedestrian traffic location at the corner of Common Street and Gravier Street.
  • 1,297 SF of office space.
  • Located at 837 Gravier St, Suite B.

Property Analytics

Current Use

Farrell Insurance Insurance Agency Hughes Mathews Legal ... Law Firm Dream Suites Corporate ... Vacation Rental Gravier Place Apartments Apartment Building GardaWorld Security Service

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Nursing Home HVAC Service Butcher 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

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11,201
Businesses Nearby

Demographics for 70112, LA

4,988
Population
3,711
Households
1.3
Avg Household Size
35
Median Age
44%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
4,988
Density / Sq Mi
$23,052
Median Household Income
$36,029
Median Earnings
$1,063
Median Rent
$398,400
Median Home Value

Market

Lease Benchmarks for New Orleans, LA

$20.69 /SF/Yr
Avg Asking Price
$2.37–$117 /SF/Yr
Price Range
14,168 SF
Avg Space Size

This space is priced 28% below the average of $20.69 /SF/Yr.

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space for lease in a high-traffic location.
Where is this office units located?
The property is located at 837 Gravier St New Orleans, LA.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: High pedestrian traffic location at the corner of Common Street and Gravier Street.; 1,297 SF of office space.; Located at 837 Gravier St, Suite B.
(504) 915-5082 Call to check price and availability
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