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3401-3411 Tulane Ave 1,800 - 7,800 SF of Space Available in New Orleans, LA 70119
HIGHLIGHTS
- Busy intersection
- Upper floors to be discussed as part of larger development
- Centrally located
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| - | 6,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Full Service | ||
| 1st Floor | 1,800 SF | Negotiable | $34.44 CAD/SF/YR $2.87 CAD/SF/MO $61,998 CAD/YR $5,166 CAD/MO | Full Service |
-
The second and third floors are shell space, primed for redevelopment for multifamily or office use, and total approximately 6,000 rsf.
- Rate includes utilities, building services and property expenses
- Partially Demolished Space
1st Floor
- Rate includes utilities, building services and 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 3401-3411 TULANE AVE, NEW ORLEANS, LA 70119
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Russell's Cleaning Service
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Russell's Cleaning Service | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 7,800 SF | Gross Leasable Area | 10,000 SF |
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 7,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 10,000 SF |
| Year Built | 1940 |
ABOUT THE PROPERTY
This high-visibility, three-story building is located at the signalized intersection of Tulane Avenue and Norman C. Francis Parkway in Mid-City. Excellent frontage, strong traffic counts, and proximity to the Bio-Medical District, UMC, VA Hospital, Xavier University, and dense residential development make this an ideal location for retail, showroom, medical, or service uses. Russell’s Cleaners occupies the ground floor retail space. The second and third floors are shell space, primed for redevelopment for multifamily or office use, and total approximately 6,000 rsf.
- Bus Line
NEARBY MAJOR RETAILERS
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3401-3411 Tulane Ave
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