

3,043 SF French Quarter Shell | $10/SF Intro Rate
Spaces
Retail | Single tenant | 3,043 SqFt
Building description
Situated on the active Rampart Street streetcar line, this expansive 3,043 SF ground-floor commercial space offers a high-visibility foothold in a rapidly appreciating cultural corridor. Located directly across from Louis Armstrong Park and the Mahalia Jackson Theater, the property is just two doors down from the historic J&M Recording Studio, recently acquired by the New Orleans Jazz & Heritage Foundation for preservation and cultural programming. With the popular Bar Tonique as an immediate neighbor and the site positioned beneath six high-end residential condos, the space is perfectly placed to capture both local foot traffic and the Quarter's steady stream of visitors.
The interior is a massive "white box" shell, providing a rare, wide-open footprint that is exceptionally deep and flexible. The layout features exposed mechanicals, including a sprinkler system already in place and basic electrical for lighting. Multiple double-door entrances and a continuous wall of floor-to-ceiling front glass windows offer a striking street presence, ideal for a flagship art gallery, boutique grocery, fitness studio, or a high-concept restaurant.
Zoned VCC-2 (Vieux Carré Commercial District), the space supports a versatile range of uses. To assist with your build-out and launch, ownership is offering an aggressive Year 1 incentive rate and is open to discussing Tenant Improvement (TI).
Lease Details & Incentives
Ownership has structured this lease to provide a significant ramp-up period for a new business:
- Year 1 Intro Rate: $10.00/SF ($2,535/month Base Rent)
- Year 2 Rate: $15.00/SF ($3,802.50/month Base Rent)
- Estimated NNN: $1,700/month (Taxes, Insurance, CAM)
Estimated Monthly Investment (Year 1)
- Total $4,235/month (Base + NNN)
This is a rare opportunity to secure a 3,000+ SF footprint in a culturally significant block at an entry point well below market averages. Owner will also consider a sale of the commercial condo unit for interested parties.
Rough estimates for major system build-outs (HVAC, plumbing, electrical) can be provided upon request. All measurements and intended use to be verified by Lessee.
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