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Multi Tenant - NNN- Chick-fil-A Anchored - Long Term Leases

1200 Poydras St, New Orleans, LA 70113

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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

Retail
Investment
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