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Space AvailabilityTotal: 4
Unit NameFloorUnit NoSizeTermLease RateCondition

Highlights

• Historic Character – Midcentury Modern Design Features • 13'-14' Ceiling Height • Reduced CAM Charges – Restoration Tax Abatement • Part of The Bonsai boutique hotel with ±42 rooms (Under Pre-Development)

Description

A cutting-edge development in the heart of New Orleans’ Warehouse District, this full renewal and renovation of the historic Stephens Buick Dealership features 4,600 SF of leasable ground-floor restaurant space. The Bonsai by Lark Hotels, currently under pre-development, will boast ±42 boutique hotel rooms on the ground floor. The upper floors of The Garage have 62 luxury residential units (51 apartments and 11 penthouse condos). The most unique feature of The Garage is the two automated vehicular elevators ferrying residents and their automobiles to parking spaces directly to their front door.

Lease Details

  • Lease Length

    Negotiable

  • Category

    Restaurant

  • Tenancy

    Multiple

  • Space Name

    The Garage

  • Lease Type

    Triple Net (NNN)

  • Lease Model

    Direct

  • Lease Rate Type

    Yearly

  • Total Lease Rate

    $30/SF/YR

  • Property Class

    A

  • No of Buildings

    1

  • No of Stories

    5

  • Maximum Contiguous

    20,940 SF

  • Space Location

    848 Carondelet St, New Orleans, LA 70130

Property Details

  • Total Building Space

    127,516 SF

  • No of Spaces/Suites

    4

  • Minimum Divisible

    2,400 SF

  • Year Built

    2019

  • Year Renovated

    2020

  • Zoning

    CBD-5