1201 Canal St, New Orleans, LA, 70112 - Available for Lease

Retail For Lease

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1201 Canal

1201 Canal St, New Orleans, LA 70112

$20 /SF/Year

20,000 SF | Retail

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Retail Property For Lease

Total Space Available:
20,000 SF
Rental Rate:
$20 /SF/Year
Min. Divisible:
5,000 SF
Property Type:
Retail
Property Sub-type:
Street Retail
Building Size:
20,000 SF
Year Built:
1903
Build to Suit:
Yes
Lot Size:
37,971 SF
Cross Streets:
Basin St
Zoning Description:
CBD-3, approved for
street retail,
restaurant, office or
general commercial use
Listing ID
17955372
Last Updated
10 days ago

Find Out More...

1 Space Available

Space 1

  • 20,000 SF
  • $20 /SF/Year
  • Street Retail
  • Retail (Other)
    Restaurant
  • 5,000 SF
  • NNN
  • Nov 2012
  • 12 Months
  • This property is currently in a vanilla shell condition ready for Tenant finishing. Landlord will build to suit for the proper Tenant and financials. This space can be subdivided or provided whole with 20'+ ceiling heights.
$20 /SF/Year$20 /SF/Year$1.67 /SF/Month$400,000 /Year$33,333.33 /Month

Description

For 94 years, 1201 Canal Street was home to the Krauss Department Store, once the largest department store in the South. Krauss opened for business on April 13, 1903, and expanded over the years to include more than 300,000 square feet on six levels covering two city blocks. From the long Formica lunch counter with the round red stools, to the madams and ladies of Storyville who once shopped within the store, the Krauss building enjoys a unique and storied place in New Orleans history. This historic building has been transformed through extensive redevelopment to be the new home of 1201 Canal Condominiums, an upscale community of 233 luxury residences and over 25,000 square feet of street-front retail.

Located in Downtown New Orleans the economic, cultural and entertainment center for the region and a must visit destination for millions of tourists. Building is a residential, mixed-use, and retail center. This locale is a cornerstone property with the following details making it perfectly suited for office or retail development. -Major corridor corner building, Canal & Basin Streets -Adjacent to a new public transit streetcar line -In the heart of new development investment & residential influx including the neighboring newly developed Bio-District & Entertainment Districts -Retail and commercial center for a market of almost 400,000 residents and nearly 50,000 households that earn at least $60,000 per year -Downtown New Orleans boasts being the regional center with nearly 62,000 jobs -Downtown New Orleans also hosts 2.5 million fans annually for major sporting events and is home to one of the top 10 convention centers in the United States.

Map of 1201 Canal St, New Orleans, LA 70112 (Orleans County)

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Presented by Sydney Anderson Realty
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License #0995682176

Asking Price Index Trends for New Orleans, LA Retail For Lease

  Oct 14 vs. 3 mo.
prior
Y-O-Y
-
State
$13+2.2%+2.6%
-
Metro
$14+3.5%-2.2%
-
County
$18+15.5%+4.2%
-
City
$18+16.2%+5.9%

View New Orleans Market Trends for other property types for sale or lease. Learn more about the chart info.

1201 Canal
  • Retail
  • $20 /SF/Year
  • 20,000 SF