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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

601 Loyola Ave New Orleans, LA 70113

23,700 SF Built 1973
Property ID
US36-1275272
Property summary
AI-generated overview

This exceptional 7,900 square foot, second-generation restaurant space is located on the ground floor of the Hyatt Regency New Orleans. Boasting a fully equipped, state-of-the-art commercial kitchen, the space offers both dedicated exterior access with prominent signage and direct interior access to the hotel's extensive guest base. Situated within the Arts & Entertainment District, this Class A property enjoys unparalleled visibility and proximity to major attractions including the Caesars Superdome, Smoothie King Center, and Champions Square, as well as the French Quarter. The 0.92-acre lot houses a single, two-story building (23,700 total square feet) built in 1973, featuring elevators and zoned CBD-4. This location benefits from high foot traffic generated by the hotel, tourists, and local residents, creating a diverse customer base. The property's connection to the Hyatt Regency provides access to existing infrastructure, including parking and concierge services, fostering potential cross-promotion opportunities. The hotel management team is committed to supporting the success of the new restaurant venture. This is a truly unique opportunity to establish a thriving restaurant business in a vibrant and high-traffic location within one of New Orleans' premier hotels. The Orleans Parish property (APN: 103105933) offers a turnkey operation with significant potential for growth. The former Borgne Restaurant space is ready for immediate occupancy. The Uptown-Garden District submarket location ensures a strong customer base and high visibility.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1973
Total area 23,700 SF
UPID US36-1275272
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • New Orleans Sports Field & Court
  • Rush My Passport (Bike/Boat/Book/etc) Store
  • My hotel Hotel & Motel
  • Big Night New Orleans, LLC Event Planning Wedding Service
  • 1718 Events Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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