GREAT OPPORTUNITY TO BE PART OF THE LEADING WAVE OF NEW RETAIL/OFFICE EXPANSION IN FEDERAL CITY

501 O'Bannon Street New Orleans, LA 70114

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FOR LEASE
Property Type:
Street Retail
Last Verified:
Apr 21, 2017


Located within Federal City adjacent to the new marine force reserved headquarters alongside the Mighty Mississippi River in the heart of Algiers. Federal City can be accessed via Shirley Drive from Gen. De Gaulle (linkage to Bus. 90 and I-10), Gen. Meyer, Newton and Opelousas. Nearby points of interest include Historic Algiers Point, Delgado Community College and University of Holy Cross.
New First Generation Space (quality construction delivered in open “White Box ” condition with ADA compliant Lavatory and HVAC (main trunk line) as well as ceiling grid frame (no tiles)
Join existing businesses serving Marine Reserve HQ (over 1500 permanent personnel at facility), Delgado Community College Westbank, Ochsner Fitness Center, and New Orleans Military and Maritime Academy Charter School (500 plus students and faculty)
The Master Plan calls for additional residential and commercial to be designed under traditional neighborhood development principles, resulting in an attractive live, work, play environment.
Available Step Up leasing plans with attractive rent structure starting at $10/SF/YR, NNN allows new tenants the flexibility to grow their business.
Year Built: 2011
Building Size: 32210.0sq ft
Lot Size: 0.0 acres

Units for Lease

101
Lease Type: NNN
Price Per Sqft/Year: $10.0
102
Lease Type: NNN
Price Per Sqft/Year: $10.0
103
Lease Type: NNN
Price Per Sqft/Year: $10.0
104
Lease Type: NNN
Price Per Sqft/Year: $10.0
105
Lease Type: NNN
Price Per Sqft/Year: $10.0
106
Lease Type: NNN
Price Per Sqft/Year: $10.0
108
Lease Type: NNN
Price Per Sqft/Year: $10.0
109
Lease Type: NNN
Price Per Sqft/Year: $10.0
111
Lease Type: NNN
Price Per Sqft/Year: $10.0
112
Lease Type: NNN
Price Per Sqft/Year: $10.0
113
Lease Type: NNN
Price Per Sqft/Year: $10.0

Map of 501 O'Bannon Street , New Orleans, LA, 70114

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.