Newly Renovated Tchoupitoulas Corridor Retail/Office Space

Retail-Commercial for Lease
Catylist Listing ID: 30269806
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Contiguous Space: 4,560 SF
Gross Building Area: See Agent
Gross Land Area: 115,448 SF
Lease Rate: $6,840 (Monthly)
$18 PSF (Annual)
Lease Types: NNN
Building Name: Centennial Cotton Press
Last Updated: 6/13/2018

Overview / Comments

The Centennial Cotton Press Building harkens back to a time when New Orleans handled nearly one-third of all cotton produced in America and hosted the World's Cotton Centennial Exposition in 1884. The Cotton Press, along with the other buildings in the block, have been completely renovated by Renaissance Neighborhood Development Corporation (RNDC), a subsidiary of Volunteers of America (VOA).

The residential component of the redevelopment includes 15 junior one-bedroom, 32 one-bedroom and 5 two-bedroom apartment homes which are certified LEED for Homes Silver. Another component is an 8,000sf commercial kitchen operating as The Fresh Food Initiative. The unique program serves healthy meals to local schools and provides job training in the culinary arts to 125 individuals annually.

The commercial space is perfect for an office, retail or other creative user. It features a blend of old and new; the free span space is complemented by updated electrical and brand new HVAC systems. Other features include 14' cypress beams crossing a gabled roof with 25.5' eaves at center and 14' eaves on either side of the space. At least 8, and possibly more, dedicated parking spaces are available for this property.

The New Orleans Regional Planning Commission showed ADT of 32,529 at this site in 2009.

Marketing photos courtesy of Julia Ballard.

Expand All Available Space

Suite: A 4,560 SF $6,840 (Monthly) NNN
Level/Floor: 1
Space Available: 4,560 SF
Lease Rate: $6,840 (Monthly)
$18 PSF (Annual)
Lease Type: NNN
Date Available: 7/1/2014
Lease Term: 36 Months
Space Type: New
Parking Spaces 10
CAM Expenses $3.95 PSF (Annual)

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41133990
Zoning: MU-A, MIXED USE DISTRICT PER CITY OF NEW ORLEANS ZONING BASE MAPS
Market Type: Large
Property Located Between: Celeste & Nuns Streets
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Area Description: The Lower Garden District was laid out in 1806-07 by Barthelemy Lafon as an open, semi-urban system of interrelated parks with basins, fountains and canals. The area closest to the Mississippi remains largely industrial, but is spotted with new development, including Second Line Stages, the Wal-Mart anchored redevelopment of the St. Thomas housing projects and proposed redevelopment of the Market Street power plant, just a block from the subject property.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 4
Property Condition: Excellent
Year Renovated: 2013
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Zoning Description: "The purpose of this district is to provide for a wide variety of uses in the older industrial and warehousing areas of the City. The district encourages adaptive reuse of large, older structures for mixed-use development, which could include commercial, office, residential and certain light manufacturing uses." See full text of zoning under "Attachments & Media."

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,154 186,743 395,052
Median Age: 35.58 36.28 36.56
Households: 9,161 79,317 161,921

Contact

Photograph of Listing Agent

Jonathan D Shaver

RE/MAX Commercial Brokers Inc Metairie, LA 70002
Photograph of Listing Agent

Cameron Lombardo

RE/MAX Commercial Brokers Inc Metairie, LA 70002
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.