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2801 Magazine St

2801 Magazine St, New Orleans, LA 70115

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Overview

Available for sale, this premier multi-tenant shopping center presents a rare investment opportunity along one of Magazine Street’s most coveted retail corridors in the Garden District / Irish Channel. With more than 32 dedicated off-street parking spaces, an exceptional amenity along this historic corridor, the property functions as a true neighborhood lifestyle destination with outstanding visibility, accessibility, and irreplaceable street presence.

Anchored by nationally recognized tenants including Chipotle, Credit Human, and Insomnia Cookies, the center offers stable in-place income with meaningful upside through continued lease-up and strategic merchandising of the tenant mix. The layout also provides flexibility to create a ±12,000 SF contiguous end-cap opportunity suitable for a flagship or large-format retailer, a rarity along Magazine Street.

Positioned among some of the corridor’s most desirable retailers, restaurants, and hospitality concepts, the asset benefits from the unmatched fundamentals of a supply-constrained urban retail market. The property also offers long-term value through potential repositioning, redevelopment, or partial owner-occupancy, allowing investors to further enhance one of Magazine Street’s most prominent retail destinations. Financial information available upon execution of a confidentiality agreement.

Lease Spaces

NameFloorRateSFAcresAvailable DateStatus
Magazine Promenade Shopping Center1st$40 - $45 /SF/Year1,972 - 14,375 SF0.85 ac04/01/2026available

For Sale/Lease

Retail
Office

Secondary Uses: Street Retail, Strip Center, Retail-Pad, Restaurant, Mixed Use, Free Standing, Net Leased

Lease Rate
$40 - $45 SF/year
Available SF
1,972 - 14,375 SF
Sale Price
$10,500,000
Price Per SF
$465.7/SF
Building Size
22,546 SF
Acres
0.8498 ac
Zoning
HU-B1
Zoning Desc.
Historic Urban Neighborhood Business District
Tenant
Chipotle, Insomnia Cookies, Credit Human, Swoot Fitness
Former Tenant
Starbucks, Banfield Pet Hospital, Helm Paint, etc.
Sale Terms
Cash to Seller
Lease Type
NNN
Showing
Contact Broker/Agent
Building Name
Magazine Promenade
Building Class
A
# of Buildings
1
Floors
1
Year Built
1999
Year Renovated
2020
Roof Type
Flat
Construction Siding
Stucco
Parking Ratio
1.41 / 1,000
Parking Type
Surface
Parking Spaces
32
Tenancy
Multiple Tenants
Submarket
Uptown-Garden District
Nearest MSA
New Orleans-Metairie
Property Use Type
Net Leased (NNN)
Property Status
Existing
Lot Frontage
240 ft
Lot Size
150' deep
Is End Cap
Yes
Parish
Orleans
Listed
03/24/2026
Updated
03/24/2026
Listing ID
c455eb85
Parcel APN
411204401