The Garage 840-848 Carondelet Street, New Orleans, LA

Overview Site Plan Aerial Nearby Retail Landmarks N.O. Districts Downtown Demos

Ground Floor Retail For Lease

Available • 2,400 SF – 20,940 SF Available Ground Floor Commercial Space

Property Overview • Location – Infill location nestled between the Warehouse and South Market Districts, well over 600 apartments to be built on the same block by 2020 • World Famous St. Charles Avenue Streetcar – 3.5 Million people ride past the site every year • Primary ingress to the heart of New Orleans – 7.5 Million people drive past the site every year • Historic Character – Midcentury Modern Design Features • Flexible Proportions – Nearly 21,000 SF of uninterrupted space and 13-14 foot ceilings • Reduced CAM Charges – Restoration Tax Abatement Executive Summary A cutting-edge development in the heart of New Orleans’ Warehouse District, this full renewal Nearby Landmarks and renovation of the historic Stephens Buick Dealership will feature nearly 21,000 SF of leasable • South Market District • Ernest N. Morial Convention ground-floor commercial space, 51 apartments, and 11 penthouse condominiums upon completion. Center • National World War II Museum The most unique feature of The Garage is the provision of two automated vehicular elevators Contemporary Arts Center ferrying residents and their automobiles to parking spaces directly to their front door. Construction • Art Galleries along Julia Street • is underway with a projected opening of late Summer 2019. New Orleans Culinary and • Rouses Market • Hospitality Institute (NOCHI) The development sits in a prime Warehouse District corridor, capturing the ingress of the downtown • Ace Hotel • New Orleans Advocate commuter, fronting one of the major streetcar lines, and is centrally located within the city, so as to • The Outlet Collection at Newspaper Office provide easy access to the primary submarkets of the city of New Orleans. Additionally, tenants will Riverwalk enjoy the seasonal benefits of Mardi Gras parade activity.

Contacts Joe Gardner, CCIM Carly Plotkin Gerardo Aguinis Stuart Zall Stirling Properties, LLC Stirling Properties, LLC The Zall Company, LLC The Zall Company, LLC Office: 504-523-4481 Office: 504-523-4481 Office: 303-804-5656 Office: 303-804-5656 Direct: 504-620-8140 Direct: 504-620-8120 Direct: 305-320-1981 [email protected] [email protected] [email protected] [email protected]

The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representations or warranties regarding the properties or information herein including but not stirlingproperties.com limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of the foregoing Member of information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms and conditions, prior sale, lease or withdrawal, without notice. 5/19 The Garage 840-848 Carondelet Street, New Orleans, LA

Overview Site Plan Aerial Nearby Retail Landmarks N.O. Districts Downtown Demos

Ground Floor Commercial Site Plan ROLL UP DOOR DOOR TO COMMON ALLEY

PROPERTY LINE

The Garage Ground Floor Availability STAIR 2 • Suite A: 12,739 SF TRASH ROOM • Suite B: 2,546 SF • Suite C: 2,402 SF SHARED EGRESS • Suite D: 2,549 SF • Total Contiguous: 20,940 SF ELECTRIC UTILITY VAULT

Additional Availability Potential for nearly 50,000 SF of contiguous retail space when combined with neighboring VEHICULAR ELEVATORS Two Saints project, an adjacent development by the same owner.

Additional Information BUILDING MAINTENANCE Situated at 848 Carondelet Street on New Orleans’ iconic St. Charles Avenue streetcar

line, The Garage provides tremendous visibility COMMON ALLEY PLUMBING / FIRE PUMP to 3.5 Million annual streetcar riders, as well as to the thousands of vehicles that use STAIR 1 Carondelet Street as a conduit between the SUITE A SUITE B SUITE C SUITE D 12,739 SQ. FT. 2,546 SQ. FT. 2,402 SQ. FT. 2,549 SQ. FT. I-10 Expressway and the CBD each day. Patrons PASSENGER ELEVATOR of The Garage find themselves within steps of LOBBY New Orleans’ finest restaurants, galleries and museums, and a short promenade from such COVERED OUTDOOR landmarks as the Mercedes-Benz Superdome, VEHICULAR DRIVEWAY

COVERED OUTDOOR Ernest N. Morial Convention Center, a newly PEDESTRIAN ENTRY 840-848 CARONDELET STREET NEW ORLEANS LA 70130 revived Theatre District and the world-famous RAMP French Quarter. For one month of the year SHEET 1 OF 8 Mardi Gras festivities consume the surrounding SCALE: 1/16" = 1'-0" neighborhood, bringing over two million DRAWN BY: SZW tourists past The Garage’s front door. DATE: 7/19/18 Click image for larger view CARONDELET STREET

Overview Site Plan Aerial Nearby Retail Landmarks N.O. Districts Downtown Demos

CVS Pharmacy Maison De La Luz Ace Hotel (Hotel Opening 2019) South Market District US Post Office Rouses Market Crescent City

e Farmers Market Camp Street Camp

e (Every Saturday) Baronne Street Magazine Street

r t Carondelet Street St. Charles Avenue

S Nesbit’s Julia

The Julia Market

t (Under Construction)

a +17,000 SF of Ground Floor Retail

p Julia Street m

O’Keefe Street O’Keefe

a Auction House

LoyolaAvenue

R New Orleans

Market . Advocate

S Newspaper Office PLUMBING / FIRE PUMP RAMP BUILDING MAINTENANCE VEHICULAR ELEVATORS COVERED OUTDOOR PEDESTRIAN ENTRY ROLL UP DOOR PASSENGER ELEVATOR STAIR 1 LOBBY VEHICULAR DRIVEWAY COVERED OUTDOOR DOOR TO COMMON ALLEY

12,739 SQ. FT. SUITE A

(Under Construction) 2,546 SQ. FT. SUITE B PROPERTY LINE 2,402 SQ. FT. SUITE C ELECTRIC UTILITY VAULT TRASH ROOM SHARED EGRESS 2,549 SQ. FT. SUITE D STAIR 2

COMMON ALLEY 840-848 CARONDELET STREET SHEET 1 NEW ORLEANS LA 70130 OF 8 Two Saints Union Passenger Domio DATE: DRAWN BY: SZW SCALE: 1/16" = 1'-0" Terminal HowardBaronne Avenue St. 7/19/18 (Under Development) Hotel +11,500 SF of Ground Floor Retail St. Joseph Street

New Orleans Culinary Contemporary Arts and Hospitality Center Institute (NOCHI)

Higgins Hotel & Pontchartrain Expressway (Highway 90) Ogden Museum of

Southern Art ConferenceConstance Street Center (Under Construction) Greater New Orleans (ADT 2016 - 126,335) WDSU News Foundation Headquarters Office National World Streetcar Line War II Museum

Overview Site Plan Aerial Nearby Retail Landmarks N.O. Districts Downtown Demos

1 Retail / Services 1 Restaurants / Bars Harrah’s Casino 1. barre3 1. Dave & Buster’s 2. Stonefree 2. Willa Jean 3. Magasin Kitchen 3. Simplee Gourmet 4. Blaze Pizza 4. Hair Loft Studio 5. Aglio 5. Fidelity Bank 6. The Company Burger 6. Arhaus 7. Maypop 1 7. Blanc Beauty Bar + Higher Power 8. The Daily Beet 8. CVS Pharmacy 9. Cellar Door 10. Poke Loa 9. Rouses Market 11. Josephine Estelle 10. Hancock Whitney Bank 12. Stumptown Coffee Roasters 1-2 9 11. Mia Bella Beauty Lounge 11-12 23-26 31 32 13. Balise 12. The Transportation Revolution - 14. Seaworthy 2-7 6-8 15 33 European Motorbikes Dealer 15. Between the Bread 10 1314 25 30 34 13. Professional Sport Shop 16. Mammoth Espresso 10 14. HourBlast 17. Meril 8 9 22 22-24 17 35 36 15. Duplantier Fine Custom Framing 18. Circle Bar 3-5 33-35 19. G’s Pizza 16 21 38 16. Keife & Co. The Outlet 20. South Market Pub & Grill 11 20 27 17. Crescent City Pilates 12 37 Collection 21. Drip Affogato 28 31 26 27 at Riverwalk 18. Exxon Gas Station 22. Herbsaint 37 13 21 38 19. Iron Tribe Fitness 23. CBD Social 29-30 32 28 29 39 40 20. Crescent City Farmer’s Market 24. Marcello’s Restaurant & Wine Bar 15 25. Desi Vega’s Steakhouse 21. Crescent City CrossFit Downtown 14 26. Rebellion Bar & Urban Kitchen Ogden Museum 22. Buff Beauty Bar of Southern Art 27. Café Carmo 20 19 23. Defend New Orleans Clothing 28. Auction House Market 36 19 42 41 39 24. Friend Men’s Clothing 29. Pêche Seafood Grill 16-17 25. FREDA Boutique 30. Pulp and Grind 26. The Parker Barber 31. Gyu-Kaku Japanese BBQ 32. Barcadia 27. Aunt Sally’s Pralines 43 33. Revelator Coffee 45 46 28. FedEx/Kinko’s 18 34. St. James Cheese Company Ernest N. Morial 29. Salon du Beau Monde 35. Lucy’s Retired Surfers Bar Convention 18 40 Center 30. Bikram Yoga 36. Legacy Kitchen 37. NOSH 44 31. Prime Fitness 32. Firestone Complete Auto Care 38. Tommy’s Cuisine 39. Emeril’s National World 33. Reyn Studios: Power Yoga War II Museum 40. World of Beer 34. Bittersweet Confections 41. La Boca 35. New Orleans Glass Works 42. Flamingo A-Go-Go 36. AVERY Perfume Gallery 43. Jeri Nims Soda Shop 37. Nesbit’s Julia Market 44. American Sector Restaurant 38. Italy Direct Women’s Clothing 45. Ugly Dog Saloon & BBQ 46. Cochon / Cochon Butcher 39. New Orleans Auction Galleries Streetcar Line 40. Nesbit’s Poeyfarre Market

Overview Site Plan Aerial Nearby Retail Landmarks N.O. Districts Downtown Demos

1 Hotels - 8,011 Rooms 1 Apartments/Lofts Harrah’s 1. Hyatt House Downtown 194 Rooms 3,832 Housing Units Casino 2. Hyatt Regency 1,193 Rooms 1. The Paramount at 3. Drury Inn & Suites 158 Rooms South Market District 229 Units 4. Ace Hotel New Orleans 234 Rooms 2. The Beacon at S.M.D. 124 Units 15 5. The Blake Hotel 122 Rooms 3. The Standard at S.M.D. (U.C.) 89 Uts. Dave & Buster’s 38 6. The Whitney Hotel 93 Rooms 4. The Odeon at S.M.D. (Planned) 259 Uts. 7. Lafayette Hotel 44 Rooms 5. 930 Poydras Apts. 250 Units 8. Domio Baronne St. 50 Rooms 6. Civic Lofts 72 Units 1 6 9. Holiday Inn 135 Rooms 7. 909 Lafayette 12 Units 5 3 10. Cambria Hotel & Suites 162 Rooms 8. Caldwell Condos 12 Units 6 5 16 12 15 20 21 13 14 11. The Old No. 77 Hotel 165 Rooms 9. 625 St. Charles 39 Units 1 16 10. Moss-Bauer Apts. 20 Units 7 11 12. Staybridge Suites 182 Rooms 2 14 13. Loews New Orleans 285 Rooms 11. 703 Carondelet 28 Units 8 14. Harrah’s New Orleans 450 Rooms 12. 731 St. Charles (U.C.) 67 Units 4 13. 835 Julia Condos 24 Units 1 9 19 39 15. Four Seasons (U.C.) 385 Rooms 2 16. HIlton Riverside 1,622 Rooms 14. 800 Baronne 16 Units Rouses Market 17 29 17. Plaza Suites Downtown 20 Rooms 15. Faubourg Townhomes 13 Units 7 17 18 10 37 18. Renaissance Hotel 217 Rooms 16. The Julia 197 Units (U.C.) 10 17. Two Saints 65 Units (U.C.) 2 11 19. Omni Riverfront 202 Rooms 18. The Garage 62 Units (U.C.) 28 35 20. Embassy Suites 370 Rooms 3 4 18 36 19. 801 St. Joseph Condos 23 Units 12 27 34 19 21. Courtyard by Marriott 202 Rooms 20. 833 Howard Apts. 16 Units The Outlet 22. SpringHill Suites 208 Rooms 21. Trivoli Place 163 Units 3 13 26 Collection 23. Residence Inn 231 Rooms 25 22. Circle 1000 13 Units 33 20 at Riverwalk 24. New Orleans Marriott 331 Rooms 23. 800 Magazine 9 Units 25. Hyatt Place 170 Rooms 14 15 24. Gallery Row Condos 48 Units 16 30 26. Hilton Garden Inn 284 Rooms 23 24 21 25. Magazine Place Condos 57 Units 32 27. Hampton Inn & Suites 228 Rooms 26. Whitney & Sloo Lofts 27 Units 18 12 28. Higgins Hotel (U.C.) 234 Units 13 31 27. 425 Notre Dame Condos 47 Units 28. 711 Tchoupitoulas Condos 20 Units 8 17 22 4 19 23 1 29. The Kalorama (U.C.) 90 Units Ogden Museum 24 Office Buildings 20 of Southern Art 1. Energy Center 30. The Lofts 24 Units 2. Entergy Building 31. Sugar Plantation Condos 43 Units 7 9 10 11 42 25 3. 701 Loyola Avenue 32. The Rotunda 68 Units 6 9 40 4. Archdiocese of New Orleans 33. Julia Place 102 Units 5 41 5. WDSU News Headquarters 34. Henderson Condos 61 Units 6. Lee Circle Plaza 35. The Refinery 39 Units 21 Ernest N. Morial 7. NOCHI 36. 700 S. Peters Condos 88 Units 28 37. Waterbury Condos 11 Units Convention 8. K&B Plaza Center 38. Four Seasons Residences (U.C.) 80 Units 8 44 26 9. Greater New Orleans Foundation 39. One River Place 80 Units 22 10. N.O. Sewerage & Water Board Office 40. St. Joe Lofts 61 Units 43 11. The Shop at CAC 45 41. Woodward Loft Apts. 194 Units National World 12. Emeril’s Homebase Building 42. Paragon Lofts 21 Units War II Museum 48 49 13. New Orleans Advocate Newspaper 27 43. Constance Lofts 50 Units 14. Stone Pigman Building 46 47 44. Nine27 Apts. 76 Units 15. Federal Reserve Bank Building 50 45. The Cotton Mill 110 Units 16. Poydras Center 46. Eleven Hundred (Planned) 86 Units 17. F. Edward Hebert Federal Building 47. Lengsfield Lofts 29 Units 18. Federal Court House 48. Mills Row Condos 31 Units 19. 5th Circuit Court of Appeals 49. Federal Fiber Mills 132 Units 20. IP Buiding 50. The Bakery 66 Units Streetcar Line 21. 400 Poydras 51. 1300 Annunciation (Planned) 208 Uts. 51 The foregoing is solely for information purposes and is subject to change without notice. Stirling Properties makes no representations or warranties regarding the properties or information herein including but not stirlingproperties.com limited to any and all images pertaining to these properties. It is the obligation of each purchaser/lessee to investigate the condition and attributes of the properties and to verify the accuracy of the foregoing Member of information to the extent such purchaser/lessee deems necessary. Also subject to errors, omissions, changes in terms and conditions, prior sale, lease or withdrawal, without notice. 5/19 The Garage 840-848 Carondelet Street, New Orleans, LA

Overview Site Plan Aerial Nearby Retail Landmarks N.O. Districts Downtown Demos

Walkability Map Bourbon Street French Quarter

Aquarium of The Shops at the Americas Canal Place

Canal Street

The Outlet Collection at Riverwalk Tulane Avenue Harrah’s Casino Central Business District University Medical VA New Orleans Center L St. Charles Avenue Hospital City Hall o Tchoupitouas Street y

Interstate 10 o l Ernest N. Morial a Convention Center LSU Medical A Poydras Street ve Center n u BioMedical e District See Walkability Map Julia Street Mercedes-Benz Superdome Warehouse / Art Ogden Museum Sports & of Southern Art District Port of New Orleans Entertainment Cruise Ship Terminal Union Passenger National World Interstate 10 District Terminal War II Museum Smoothie King Center Pontchartrain Expressway (Highway 90)

Overview Site Plan Aerial Nearby Retail Landmarks N.O. Districts Downtown Demos

Downtown New Orleans VA Hospital “Downtown New Orleans” is defined by the Downtown Development District of New Orleans (DDD) as the area bounded by Iberville Street, the Mississippi University River, Pontchartrain Expressway, and Interstate 10. It includes the Central Medical Center Jackson Business District and the Warehouse/Arts District. Within Downtown New Square Bourbon Orleans, there are approximately: Street LSU Medical Center Downtown Economics Canal Street

• 17.7 million annual visitors to Downtown New Orleans spending $8.7 billion Interstate 10 Iberville Street • 142,764 people are Downtown on a given week-day • Heart of a regional population of 1.25 million The Shops at • Over $7 billion in investments since 2005 Canal Place Mercedes-Benz e • Largest employment center in Louisiana with 62,000+ jobs u Superdome n

e Aquarium of

v the Americas

Downtown Entertainment & Tourism a l

o DOWNTOWN • 71 hotels with 20,355 hotel rooms y o L NEW ORLEANS • 130 festivals in New Orleans each year, which equates to roughly one festival Smoothie King Poydras Street every three days Center • Sporting and cultural events attract 2.5 million visitors Downtown a year Union Passenger Harrah’s The Outlet Terminal Casino Collection at Riverwalk • 234 restaurants and sidewalk cafés Pontchartrain Expressway (Highway 90) • Warehouse/Arts District is home to 18 art galleries and 5 museums. Julia Street

Downtown Commercial St. Charles Avenue • 8.8 million square feet of Class A office space Ogden Museum Ernest N. Morial • 243 retail stores of Southern Art Convention Center

National World Downtown Residential War II Museum • Almost 40,000 residents • 6,775 apartments and condos in Downtown with 1,700 more units on the way • $89,000 average household income of a Downtown resident • 1.2 walkable square miles Port of New Orleans Information from: University of New Orleans’ Hospitality Research Center (May 2018), Downtown Cruise Ship Terminal New Orleans Demographic Profile, Downtown Development District of New Orleans (April 2018), and Downtown By The Numbers, Downtown Development District of New Orleans (January 2018)

Overview Site Plan Aerial Nearby Retail Landmarks N.O. Districts Downtown Demos

Demographic Map Transportation Map

47,494 (ADT 2007)

9,657 8,476 (ADR 2017) (ADT 2016)

126,335 7,881 (ADT 2016) (ADT 2016)

20,437 (ADT 2017)

2019 Demographics 1 mi. 3 mi. 5 mi. RTA Bus Route Streetcar Route Bicycle Lane Population 21,264 195,339 379,085 Avg. HH Income $61,153 $66,054 $69,049 Traffic Count Streetcar Ridership Bike Share Hub