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French Quarter Restaurant 225 Chartres St 5,400 SF of Retail Space Available in New Orleans, LA 70130
SUBLEASE HIGHLIGHTS
- Located in the historic French Quarter
- Surrounded by numerous hotels and residencies
- Two Blocks from Bourbon Street
- One Block from Canal St. Streetcar Line
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,400 SF | Negotiable | $55.33 CAD/SF/YR $4.61 CAD/SF/MO $298,806 CAD/YR $24,901 CAD/MO | Triple Net (NNN) |
1st Floor
Situated on the ground floor of the award-winning redeveloped May & Ellis building, the restaurant opens to the Chartres Street sidewalk, emulating the quintessential Parisian-street experience. The multi-roomed restaurant boasts large communal space for a shared dining experience overlooking the kitchen. Additionally, the build-out features an intimate back dining room, a stylish bar, and outdoor dining area lush with greenery, providing ample dining options in the 200-seat restaurant. A detailed inventory list pertaining to key money as well as Option Term details are available upon request. Current term available through November 30, 2027.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Plug & Play
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 5,400 SF | Gross Leasable Area | 5,400 SF |
| Property Type | Retail | Year Built/Renovated | 1960/2019 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 5,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 5,400 SF |
| Year Built/Renovated | 1960/2019 |
ABOUT THE PROPERTY
Welcome to 225 Chartres Street, your French Quarter restaurant oasis. A rare opportunity to assume an impeccably designed & fully built-out restaurant space situated in the heart of the historic French Quarter. Designed & built in 2019, this acclaimed French brasserie is renowned for its bold design, energetic ambiance, and premier location, making it a standout destination for both locals and tourists.
NEARBY MAJOR RETAILERS
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French Quarter Restaurant | 225 Chartres St
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