1700/1730 Tchoupitoulas St

This combined 29,600 sf building + 61,234 square feet of land presents a rare opportunity to own and develop at the doorstep of the highly anticipated River District development, New Orleans' most ambitious project in decades. The 40-acre mixed-use neighborhood development along the Mississippi River has officially broken ground and is expected to generate $1 billion in annual economic activity. It will transform the city-scape with a Top Golf complex (slated for a Q4 2024 opening), the new Shell Oil headquarters, sports and entertainment venues, and a mix of new multifamily, office, hotel, and retail spaces.Located on the corner of Tchoupitoulas St and Celeste St, this stunning 29,600 sf, 2-story office building, completed in 2018, represents one of the only large-scale, ground-up and purpose-built office buildings to be constructed in New Orleans in the last 40+ years. Its Lower Garden District location represents a shift towards companies looking to remain centrally located and easily accessible, yet prefer the functionality and aesthetic of newer buildings that provide expansion optionality, as well as the ease of commute and parking that can only be attained just outside traditional downtown office locations. The building features a reception area, executive office, private offices, board room, conference rooms, open-concept work stations, phone booths, break areas including a full kitchen and lounge area, a covered outdoor terrace, full gym, warehouse, storage, and more. Its strategic design also includes the infrastructure to add a third and fourth floor for a building total of up to 54,600 sf. Included with the sale is the directly adjacent parcel of excess land located at 1700 Tchoupitoulas St. Combined with 1730 Tchoupitoulas St, this parcel offers an additional 51 parking spaces for a total of 95; it can also be developed independently. Together, both 1730 and 1700 Tchoupitoulas St are ideal for an owner-operator or investor looking to take advantage of this exceptional location, whether for immediate use or to hold for future development. Owner offers the option to purchase the office building and adjacent excess land separately and will also consider a built-to-suit on the excess parcel.