5631 Magazine St Bureau 307 m² À vendre New Orleans, LA 70115 1 425 072 € (4 648,29 €/m²) Taux de capitalisation 7,82 %

Available for sale, 5631 Magazine Street presents a rare opportunity to acquire a well-located, multi-tenant property in the heart of Uptown New Orleans. Positioned directly across from Whole Foods, the property benefits from exceptional visibility, consistent foot traffic, and proximity to some of the city’s most popular retail, dining, and lifestyle destinations. The building is currently configured as three commercial units:
District Donuts, a popular local favorite, occupies the ±300 SF corner suite under an absolute NNN lease at $2,250/month, with five years remaining on their initial term (lease negotiations in progress).
Love Weld, a national jewelry retailer, recently renewed their lease for an additional 1.5-year term and is currently paying $4,500/month NNN.
The rear office suite—a former residential unit converted into a boutique office space—includes three private offices, a full kitchen, conference area, off-street parking, and reception. It is currently leased on a month-to-month basis at $4,000/month NNN but is abailable to an owner/occupant.
With in-place income and high-quality tenants, 5631 Magazine offers flexibility for investors seeking steady returns or owner-occupants looking to establish a presence on one of the city’s premier commercial corridors.