Multi Tenant - NNN- Chick-fil-A Anchored - Long Term Leases
1200 Poydras St, New Orleans, LA 70113

Overview
1200 Poydras Street offers the rare opportunity to acquire a fully leased, NNN, high-visibility retail asset in the New Orleans Central Business District. The entire first floor, totaling approximately 17,270 NSF, is positioned at the prominent corner of Poydras Street and Loyola Avenue along the Loyola Avenue Streetcar Line.
The property sits within one of the most active pedestrian and transit corridors in the CBD, surrounded by hotels, office buildings, residential towers, and year-round destination traffic. Major adjacent anchors include Caesars Superdome, Champions Square, the Hyatt Regency Hotel, Entergy Tower, and New Orleans City Hall. The building also features a multi-level parking garage with 353 spaces and is anchored by Dave and Buster’s on an upper floor. The retail tenant mix includes Chick-fil-A, Hurts Donut, and soon to be open Juicy Seafood. Tenants include corporate or personal guarantees and are all on long term leases.
All leases are NNN and all expenses pass through to tenants for true NNN income to owner.
Reach out for Confidentiality Agreement and the full Offering Memorandum with Financial information or you can click the Crexi Link below to sign the CA and download the full Offering Memorandum.
With strong daytime population, consistent foot traffic, and proximity to major entertainment and hospitality drivers, this offering presents an attractive opportunity for investors seeking stable income backed by long-term demand in a proven CBD corridor.
Note: Seller will escrow the difference in rental income from Juicy Seafood and Hurts Donut until their free rent period ends in 2026.
- Fully leased first-floor retail unit totaling approximately 17,270 NSF with great national tenants like Chick-fil-A and Hurts Donuts (corporate store), and a successful growing LA based restaurant operator with multiple locations.
- All leases are NNN and include corporate or personal guarantees.
- Located at the corner of Poydras St and Loyola Ave
- Direct access to a 353-space multi-level parking garage
- Surrounded by major CBD destinations including Caesars Superdome, Champions Square, Hyatt Regency Hotel, and City Hall
- Positioned along the Loyola Ave Streetcar Line
- Traffic counts: Poydras St 47,494 ADT | Loyola Ave 23,759 ADT
For Sale
- Sale Price
- $7,325,000
- Price Per SF
- $424.1/SF
- Cap Rate
- 7.5%
- Building Size
- 17,270 SF
- Acres
- 1.471 ac
- Zoning
- CBD
- Zoning Description
- Exposition District
- Net Operating Income
- $549,428
- Tenant
- Chick-fil-A, Hurts Donuts, Juicy Seafood
- Building Class
- A
- Floors
- 1
- Year Built
- 2016
- Parking Spaces
- 393
- Property Status
- Existing
- Vehicles Per Day
- 50,000 VPD
- Average Occupancy Rate
- 100%
- County
- Orleans Parish
- Available
- 11/18/2025
- Created
- 11/19/2025
- Updated
- 12/03/2025
- Listing ID
- b01966db
- Parcel APN
- 103105946
















