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205 Bourbon St 5,736 SF of Retail Space Available in New Orleans, LA 70130
HIGHLIGHTS
- Turn-key kitchen & bar
- High pedestrian traffic corridor
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,736 SF | Negotiable | $113.18 CAD/SF/YR $9.43 CAD/SF/MO $649,224 CAD/YR $54,102 CAD/MO | Net |
1st Floor
Prime ground-floor restaurant space available for lease at 205 Bourbon Street, located on one of the highest-traffic, most visible and popular blocks in the French Quarter. The property is currently operating as Olde Nola Cookery, a well-known Cajun and Creole restaurant, offering a rare opportunity to step into a fully built-out, turn-key food and beverage location on Bourbon Street. The space features a large, flexible interior footprint with three separate dining rooms, large restrooms, and a layout designed for high-volume service and events. Two iconic wrought-iron balconies provide direct views over Bourbon Street, creating unique opportunities for outdoor seating, guest experience, or brand visibility. An additional upper level (4th floor) provides valuable space for storage, staff use, and/or operational support - adding flexibility for wide range of restaurant or bar concepts. The property is fully equipped with existing fixtures and commercial kitchen infrastructure, allowing an incoming operator to take over quickly with minimal build-out. Currently open daily from 11:00 AM to 1:00 AM, the location benefits from constant pedestrian traffic, late-night demand, and strong tourism volume. This is an exceptional chance to secure a fully built-out food and beverage location on the 200 block of Bourbon Street, steps from Galatoire’s, in the heart of New Orleans’ highest-demand dining and entertainment corridor.
- Lease rate does not include certain property expenses
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.
SELECT TENANTS AT 205 BOURBON ST, NEW ORLEANS, LA 70130
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Olde Nola Cookery
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Olde Nola Cookery | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,736 SF | Gross Leasable Area | 5,736 SF |
| Property Type | Retail | Year Built | 1830 |
| Property Subtype | Restaurant | Parking Ratio | 0.17/1,000 SF |
| Total Space Available | 5,736 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 5,736 SF |
| Year Built | 1830 |
| Parking Ratio | 0.17/1,000 SF |
ABOUT THE PROPERTY
Bourbon Street frontage on the 200 block, next to Galatoire’s
- Signage
- Balcony
NEARBY MAJOR RETAILERS
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205 Bourbon St
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