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FRERET RETAIL FOR LEASE 5033-5041 Freret St
400 SF of Retail Space Available in New Orleans, LA 70115
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5033 | 400 SF | Negotiable | $85.39 CAD/SF/YR $7.12 CAD/SF/MO $919.18 CAD/m²/YR $76.60 CAD/m²/MO $2,846 CAD/MO $34,158 CAD/YR | Modified Gross |
1st Floor, Ste 5033
Bring your business to the vibrant Freret Street with this prime retail space, positioned between Another Bar and Bub’s Burgers. The property benefits from excellent visibility and steady foot traffic. Previously used as a restaurant, it is now available for a non-restaurant tenant, offering a fantastic opportunity for retail, office, creative studio, or service-oriented businesses. Zoned HU-MU, the space allows for a variety of commercial uses, making it a versatile option in this lively neighborhood. The interior features one large open room, offering flexibility to design the space to suit your business needs. With a blank canvas ready for your customization, this property presents a unique chance to create the perfect environment for your business.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Space In Need of Renovation
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 FOR 5033-5041 Freret St , New Orleans, LA 70115
| Property Type | Retail | Gross Leasable Area | 5,442 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 1940 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,442 SF |
| Year Built | 1940 |
Nearby Major Retailers
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FRERET RETAIL FOR LEASE | 5033-5041 Freret St
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