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8601 Jefferson Hwy 40,098 SF of Retail Space Available in New Orleans, LA 70123
Sublease Highlights
- Featuring three curb cuts and a signalized intersection
- Ample shared parking
- Pylon and building signage available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 40,098 SF | Negotiable | $15.04 CAD/SF/YR $1.25 CAD/SF/MO $602,976 CAD/YR $50,248 CAD/MO | Triple Net (NNN) |
1st Floor
- Sublease space available from current tenant
- 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 | 40,098 SF | Gross Leasable Area | 67,326 SF |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Supermarket | Parking Ratio | 4.05/1,000 SF |
| Total Space Available | 40,098 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 67,326 SF |
| Year Built | 1990 |
| Parking Ratio | 4.05/1,000 SF |
About the Property
This sublease space is well positioned along Jefferson Highway (19,973 vpd), a major thoroughfare for Jefferson Parish that connects the densely populated residential areas of River Ridge and Harahan. The property has three curb cuts and one signalized intersection to Jefferson Highway for easy access. The space will consist of 40,098 of sublease space from ALDI, which recently opened next door. The space will be delivered in raw shell condition. There is pylon signage.
Nearby Major Retailers
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8601 Jefferson Hwy
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