$1,150,000
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3947 MAGAZINE Street New Orleans, LA 70115
General Commercial
Residence
Beds
Baths
1,230
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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3947 Magazine Street was recently leased out to Rowan, Inc. as their first store in the New Orleans market. Rowan Piercing Studio performs ear piercings using licensed nurses. The corporately guaranteed lease term expires in January of 2030 and follows annual rental increases of 3%. The property is ...offered at $1,175,000, for a 6.4% capitalization rate. This stretch of Magazine Street is centrally located, and easily accessible for Uptown and Garden District Residents alike.
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MLS#
2344170
Property Type
General Commercial
Year Built
1942
Square Feet
1,230
sq. ft
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