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30888129
30888151

8228 Oak St, New Orleans, LA 70118

AK
LA 0995700882
Ben + Burka Commercial Real Estate
Listed by Ben + Burka Commercial Real Estate
$1,150,000
721 days on market
Updated 91 days ago

Oak Street NNN Investment / Office

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 3,540
Net Rentable (SqFt) 3,540
Units 2
Occupancy 41%
Tenancy Multi
Lease Type NNN
Remaining Term 4
Price per SqFt $325
Broker Co-Op Yes
Class B
Year Built 1960
Year Renovated 2023
Buildings 2
Stories 2
Lot Size (SqFt) 4,315
Zoning HU-MU
Parking Spaces 3 spaces
Parking Per SqFt 0.85
Investment Type Net Lease
Ownership Fee Simple
Sale Condition For sale by owner

NNN Investment Restaurant with Office Available Upstairs

Marketing description

Available for sale or lease, 8228 Oak Street offers a fully built-out quick-serve restaurant (no hood) on the ground floor ready for immediate occupancy, along with a leased second-floor office space providing additional income. Formerly occupied by Primo Hoagies, the ground floor underwent an extensive renovation in 2022, including a full restaurant buildout. The space features a front retail/dining area, large kitchen and prep area, dish pit, new HVAC, grease trap, walk-in cooler/freezer, office, and additional storage and prep space. The property also includes off-street parking for multiple vehicles.

The second floor is leased to a photography studio on a gross lease, providing stable in-place income. The property is located along the highly desirable Oak Street corridor in Uptown New Orleans, in immediate proximity to a strong mix of local restaurants, bars, retailers, offices, and coffee shops.

Listing Contacts

AK
LA 0995700882
Ben + Burka Commercial Real Estate
Listed by Ben + Burka Commercial Real Estate

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