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1222 Decatur St
1,550 SF of Retail Space Available in New Orleans, LA 70116
Highlights
- Landlord open to abated rent for buildout
- Directly adjacent to French Market
- Previously used for retail – zoning allows multiple potential uses
- NNN lease type
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,550 SF | Negotiable | $34.84 /SF/YR $2.90 /SF/MO $54,002 /YR $4,500 /MO | Triple Net (NNN) |
1st Floor
Now available for lease, 1222 Decatur presents an opportunity to capitalize on French Quarter foot traffic and first-floor visibility. The property's location on Decatur St enjoys ±4,497 daily driving traffic. The landlord is open to abated rent for buildout for qualified tenants. The space was previously used for retail. VCS zoning allows multiple potential uses including single or multi-family, office, gallery, restaurant, and more. The property is located directly adjacent to French Market, five blocks of restaurants, shopping, a farmer's market, and a flea market. NNN lease type.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- High Ceilings
- Landlord open to abated rent for buildout
- Zoning allows multiple potential uses
- Directly adjacent to French Market
- NNN lease type
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 1222 Decatur St , New Orleans, LA 70116
| Property Type | Retail | Gross Leasable Area | 5,698 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1850 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 5,698 SF |
| Year Built | 1850 |
About the Property
https://elifinrealty.com/deals/first-floor-retail-opportunity-in-the-french-quarter-1222-decatur-st-new-orleans-la-70116/ Now available for lease, 1222 Decatur presents an opportunity to capitalize on French Quarter foot traffic and first-floor visibility. The property's location on Decatur St enjoys ±4,497 daily driving traffic. The landlord is open to abated rent for buildout for qualified tenants. The space was previously used for retail. VCS zoning allows multiple potential uses including single or multi-family, office, gallery, restaurant, and more. The property is located directly adjacent to French Market, five blocks of restaurants, shopping, a farmer's market, and a flea market. NNN lease type.
- Balcony
Nearby Major Retailers
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1222 Decatur St
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