4119 MAGAZINE STREET
New Orleans, LA 70115
Description
Available for sale, 4119 Magazine Street presents a prime NNN investment opportunity in the heart of the Magazine Street commercial corridor. Occupied by Buffalo Exchange since 2015, the property has over five years remaining on a recently renewed lease, with annual 2.75% rental increases beginning in November. The corporately guaranteed NNN lease requires ownership to maintain only the roof and structure, and a new roof was installed after Hurricane Ida.
Featuring high ceilings, abundant natural light, strong street presence, and ample mezzanine office/meeting space, the property offers an exceptional retail environment.
Surrounded by a mix of top local and national retailers, restaurants, and businesses—including Waxing the City, Shaya, Neal Auction, Kiehl’s, Warby Parker, Indochino, Free People, and Untuckit—it is located in one of New Orleans’ most vibrant retail corridors, known for its strong demographics and consistent foot traffic.
Property Details
- Lot DescriptionCityLot, RectangularLot
- Property SubtypeCommercialSale
- Sewer InformationPublicSewer
- Original List Price$1,850,000
- Property TypePurchase
- CountyOrleans
- MLS #2493700
- Cost1850000
- MLS #2493700
- Utility SourcePublic
- Structure TypeRetail
- Year Built1940
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: GSREIN
Listing Courtesy
Listing Agent: Aaron Kazanoff (#KAZAAARO)
Listing Office: Ben & Burka (#BNBK01)
Interested in Purchasing 4119 MAGAZINE STREET?
Get an estimate on monthly payments on this property.
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
