Buildings and Vacant Land in the BioDistrict

Retail-Commercial for Lease
Catylist Listing ID: 30816974
Contiguous Space: 1,728 - 7,139 SF
Total Available: 56,318 SF
Gross Building Area: See Agent
Gross Land Area: 54,265 SF
Lease Rate: $6 - 13 PSF (Annual)
Base Monthly Rent: $864 - 7,722
Lease Types: NNN
In Opportunity Zone? Yes
Last Updated: 2/19/2024

Overview / Comments

This 54,265-sf parcel consists of buildings and land that are available for lease, either in part or in whole. This is an exceptionally rare opportunity for redevelopment, located right in the heart of the BioDistrict, directly across the street from the University Medical Center and just a few blocks from the New Orleans VA Medical Center and the Tulane Medical Center. This area has seen transformative redevelopment throughout the past fifteen years, from new state-of-the-art facilities to economic development.

The location is also in close proximity to other high profile destinations. This property consists of three buildings and eight vacant land parcels. Two of the buildings could be excellent office warehouse conversions, while the third building consists of two stories and could serve as retail, office, or event space.

The land parcels can be leased separately or in tandem with the buildings for a master development plan.

All measurements are approximate and tenants must verify both sizes and permitted uses.

Expand All 12 Spaces Available

Suite: A 1815 Canal St 7,128 SF $13 PSF (Annual) NNN
Suite: B 120 N Roman St 7,104 SF $13 PSF (Annual) NNN
Suite: C 1836 Iberville St 3,000 SF $13 PSF (Annual) NNN
Suite: Parcel 1 7,102 SF $6 PSF (Annual) NNN
Suite: Parcel 2 7,139 SF $6 PSF (Annual) NNN
Suite: Parcel 3 3,700 SF $6 PSF (Annual) NNN
Suite: Parcel 4 3,700 SF $6 PSF (Annual) NNN
Suite: Parcel 5 1,728 SF $6 PSF (Annual) NNN
Suite: Parcel 6 2,589 SF $6 PSF (Annual) NNN
Suite: Parcel 7 5,778 SF $6 PSF (Annual) NNN
Suite: Parcel 8 3,675 SF $6 PSF (Annual) NNN
Suite: Parcel 9 3,675 SF $6 PSF (Annual) NNN

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41016628
Retail Clientele: General, Business, Tourist
Property Located Between: Carrollton and Canal
Property Visibility: Excellent
Largest Nearby Street: Canal St
Highway Access: I-10
Airports: MSY
Area Description: The property is located in the heart of the 2.4 square mile BioDistrict, a state-enabled economic development district created in 2005 with the purpose of focusing on and expanding the biosciences sector of the New Orleans economy. This particular stretch of Canal Street within the BIoDistrict has emerged as a medical corridor. This ideal location provides quick access to the Central Business District, French Quarter, Sports and Entertainment District, Mid-City, and more. Additionally, there is convenient access to I-10.
Tenancy: Multiple Tenants
Total Number of Buildings: 3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,470 203,414 402,581
Median Age: 35.32 35.92 36.98
Households: 10,139 88,495 170,473


Photograph of Listing Agent

Andrea A Huseman, CCIM

Corporate Realty - Canal Place New Orleans, LA 70130
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions.