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4321 S Claiborne Ave 3,813 SF of Flex Space Available in New Orleans, LA 70125
HIGHLIGHTS
- Close proximity to Freret Street
- Quick access to I-10
- Near major national tenants
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,813 SF | Negotiable | $21.57 CAD/SF/YR $1.80 CAD/SF/MO $82,248 CAD/YR $6,854 CAD/MO | Triple Net (NNN) |
1st Floor
Monthly Rent: $4,950
- 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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 3,813 SF | Gross Leasable Area | 3,813 SF |
| Property Type | Retail | Year Built/Renovated | 1930/2016 |
| Property Subtype | Storefront |
| Total Space Available | 3,813 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,813 SF |
| Year Built/Renovated | 1930/2016 |
ABOUT THE PROPERTY
This two-building property is located at signalized intersection of Napoleon and S. Claiborne avenues. It consists of a primary freestanding structure that is 3358.5 sf with rollup hurricane doors, floodlights, and hanging exterior signage. The smaller 454.5-sf back structure has its own separate HVAC and entrance, but is only accessible from the main building. Both buildings must be leased together. The buildings have been completely renovated with LED lights, central HVAC in the first building and an HVAC unit in the back building, and concrete floors. The open floor plan can be adapted for various uses. This property has great visibility in a dense commercial corridor. It is within one block of Ochsner Hospital, Touro Imaging Center, and the new Ochsner ob-gyn clinic opened on Claiborne. There are also national retailers, pharmacies, and fast-food restaurants all close by, and it is immediately adjacent to a retail center that includes Green Tea Restaurant and a Verizon store. This property has been serving neighborhood needs for generations, since the 1930s. It was previously the long-time home of South Claiborne Hardware, but it also served as a neighborhood grocery store. Continue the tradition with this space that is ideal for retail, storage, fitness, craft/event, or office use.
- Bus Line
NEARBY MAJOR RETAILERS
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4321 S Claiborne Ave
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