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3310 Esplanade Ave 1,086 SF of Retail Space Available in New Orleans, LA 70119
HIGHLIGHTS
- Opportunity to Lease Retail Space!
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,086 SF | Negotiable | $35.00 /SF/YR $2.92 /SF/MO $38,010 /YR $3,168 /MO | Triple Net (NNN) |
1st Floor
The available 1,086 SF provides an open layout with abundant natural light from the large picture windows stretching across the frontage of the space. The original terrazzo floors are still in place, and new lighting and electrical outlets have been installed. Currently, water is not connected to this suite. Employee bathroom to be shared with co-tenant and not ADA compliant. Please do not disturb the adjacent tenant and send all inquiries and site visit requests to listing broker.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,086 SF | Gross Leasable Area | 1,086 SF |
| Property Type | Retail | Year Built | 2020 |
| Total Space Available | 1,086 SF |
| Property Type | Retail |
| Gross Leasable Area | 1,086 SF |
| Year Built | 2020 |
ABOUT THE PROPERTY
This site has an abundant history through the Terranova family, which operated their market for 100 years. The 4th generation of the family decided to demise the space to provide an opportunity for another user to become a co-tenant with their meat market in the building. Picture windows stretch across the frontage providing ample natural light and the original terrazzo floors are still in place.
NEARBY MAJOR RETAILERS
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3310 Esplanade Ave
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