Your email has been sent.
818 Royal St 1,726 - 3,524 SF of Retail Space Available in New Orleans, LA 70116
HIGHLIGHTS
- Spacious courtyards
- Units available combined or as separate spaces
- Located on Royal St. in the heart of the French Quarter
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste First Floor | 1,726 SF | Negotiable | $100.00 /SF/YR $8.33 /SF/MO $172,600 /YR $14,383 /MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 2nd Floor | 1,798 SF | Negotiable | $33.00 /SF/YR $2.75 /SF/MO $59,334 /YR $4,945 /MO | Triple Net (NNN) |
1st Floor, Ste First Floor
This building has both a front patio and a spacious rear courtyard, providing ample outdoor options – a scarcity in the French Quarter. The entire exterior has been renovated including newly repointed bricks, a new slate courtyard, new front stairs, all new millwork, freshly painted exterior, and a new roof. The interior features high ceilings, ample natural light, and an open floor plan, making it an inviting space suitable for a restaurant or retail. The first floor was raised and is currently raw with no slab. It is ready for a tenant to run plumbing and construct tenant improvements.
- Lease rate does not include utilities, property expenses or building services
2nd Floor, Ste 2nd Floor
The second floor consists of an unrenovated historic space featuring high ceilings, original wood floor and trim, transom windows above original wood doors, and large double-hung windows. It is delivered as-is.
- Lease rate does not include utilities, property expenses or building services
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 | 3,524 SF | Gross Leasable Area | 3,524 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Freestanding |
| Total Space Available | 3,524 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 3,524 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
Nestled in the heart of the French Quarter on prestigious Royal Street, this historic two-story property combines architectural heritage with future possibility; highest and best use for this property would be restaurant/bar/event. Featuring a fully restored exterior including a new roof, front patio and a spacious rear courtyard, this building provides the luxury of outdoor space in the French Quarter. The interior spaces will be delivered by the Landlord as a raw shell with basic new infrastructure however, the Landlord is willing to do a “Build to Suit” if appropriate. This is an opportunity to customize a premier space while enjoying the ambiance and foot traffic of one of New Orleans’ most iconic streets. Please refer to the flyer for detailed information, including the landlord’s planned improvements. *Spacious front and rear courtyard *Located on Royal St. in the heart of the French Quarter *Units available combined or as separate spaces
NEARBY MAJOR RETAILERS
Presented by
818 Royal St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.