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31248711
31248719

2801 Magazine St, New Orleans, LA 70115

AK
LA 0995700882
Ben + Burka Commercial Real Estate
Listed by Ben + Burka Commercial Real Estate
$10,500,000
99 days on market
Updated 1 day ago

Magazine Promenade Center

Details
Property Type Mixed Use, Retail
Sub Type Shopping Center, Storefront
Square Footage 22,546
Net Rentable (SqFt) 22,546
Units 8
Brand/Tenant Chipotle, Insomnia Cookies (+2)
Price per SqFt $466
Broker Co-Op Yes
Class A
Year Built 1999
Year Renovated 2020
Buildings 1
Stories 1
Acreage 0.850
Zoning HU-B1
Investment Type Value Add
Ownership Fee Simple
Sale Condition 1031 exchange

Magazine Street Trophy Asset - Magazine Promenade - Available for Sale or Lease

Marketing description

Available for sale, this premier multi-tenant shopping center presents a rare investment opportunity along one of Magazine Street’s most coveted retail corridors in the Garden District / Irish Channel. With more than 32 dedicated off-street parking spaces, an exceptional amenity along this historic corridor, the property functions as a true neighborhood lifestyle destination with outstanding visibility, accessibility, and irreplaceable street presence.

Anchored by nationally recognized tenants including Chipotle, Credit Human, and Insomnia Cookies, the center offers stable in-place income with meaningful upside through continued lease-up and strategic merchandising of the tenant mix. The layout also provides flexibility to create a ±12,000 SF contiguous end-cap opportunity suitable for a flagship or large-format retailer, a rarity along Magazine Street.

Positioned among some of the corridor’s most desirable retailers, restaurants, and hospitality concepts, the asset benefits from the unmatched fundamentals of a supply-constrained urban retail market. The property also offers long-term value through potential repositioning, redevelopment, or partial owner-occupancy, allowing investors to further enhance one of Magazine Street’s most prominent retail destinations. Financial information available upon execution of a confidentiality agreement.

Listing Contacts

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

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Zoning

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HU-B1 CommercialNeighborhood CommercialHistoric Urban Neighborhood Business District
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View all 94 uses
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Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics

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