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 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 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 and suite delivery is scheduled for the 4th Quarter of 2018. 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. 12/18 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 DATE: DRAWN BY: SZW SCALE: 1/16" = 1'-0" Terminal Howard Avenue 7/19/18 (Under Development) +11,500 SF of Ground Floor Retail St. Joseph Street

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

Pontchartrain Expressway (Highway 90) Ogden Museum of

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

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. Arhaus 6. The Company Burger 6. Blanc Beauty Bar + Higher Power 7. Maypop 1 7. CVS Pharmacy 8. The Daily Beet 9. Cellar Door 8. Rouses Market 10. Rouler 9. Mia Bella Beauty Lounge 11. Poke Loa 10. The Transportation Revolution - 12. Josephine Estelle 1-2 9 10 European Motorbikes Dealer 12-13 21-24 33 13. Stumptown Coffee Roasters 11. Professional Sport Shop 14. Balise 2-7 5-7 15 16 34 12. HourBlast 15. Seaworthy 11 14 27 32 35 13. Duplantier Fine Custom Framing 16. Between the Bread 17. Mammoth Espresso 8 14. Keife & Co. 8 20 24-26 30 36 37 18. Meril 15. Crescent City Pilates 3-4 17 19 32-34 37 19. Circle Bar The Outlet 16. Exxon Gas Station 20. Pressed 9 18 25 10 36 Collection 17. Iron Tribe Fitness 21. South Market Pub & Grill 26 29 28 29 at Riverwalk 22. La Casita 38 39 18. Crescent City Farmer’s Market 11 23 (Every Saturday) 23. Drip Affogato 27-28 30 24. Herbsaint 31 31 40 41 19. Crescent City CrossFit Downtown 13 25. CBD Social 12 20. Buff Beauty Bar 22 Ogden Museum 26. Marcello’s Restaurant & Wine Bar of Southern Art 21. Defend New Orleans Clothing 27. Desi Vega’s Steakhouse 17 22. Friend Men’s Clothing 28. Rebellion Bar & Urban Kitchen 21 35 18 43 42 38 23. FREDA Boutique 29. Café Carmo 14-15 24. The Parker Barber 30. Auction House Market 31. Pêche Seafood Grill 20 25. Aunt Sally’s Pralines 32. Pulp and Grind 44 26. FedEx/Kinko’s 47 48 33. Barcadia 16 27. Salon du Beau Monde 34. Revelator Coffee Ernest N. Morial 28. Bikram Yoga 35. St. James Cheese Company 46 Convention 19 39 Center 29. Prime Fitness 36. Lucy’s Retired Surfers Bar 37. Legacy Kitchen 30. New Orleans Party & Costume 45 38. Tomas Bistro 31. Firestone Complete Auto Care National World 39. Tommy’s Cuisine War II Museum 32. Reyn Studios: Power Yoga 40. Emeril’s 33. Bittersweet Confections 41. World of Beer 34. New Orleans Glass Works 42. La Boca 43. Flamingo A-Go-Go 35. AVERY Perfume Gallery 44. Jeri Nims Soda Shop 36. Nesbit’s Julia Market 45. American Sector Restaurant 37. Italy Direct Women’s Clothing 46. Wood Pizza Bistro & Tap Room 38. New Orleans Auction Galleries 47. Ugly Dog Saloon & BBQ Streetcar Line 39. Nesbit’s Poeyfarre Market 48. Cochon / Cochon Butcher

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

1 Hotels - 7,961 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 14 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. Holiday Inn 135 Rooms 6. Civic Lofts 72 Units 1 6 9. Cambria Hotel & Suites 162 Rooms 7. 909 Lafayette 12 Units 5 3 10. The Old No. 77 Hotel 165 Rooms 8. Caldwell Condos 12 Units 6 5 16 11 15 20 21 12 13 11. Staybridge Suites 182 Rooms 9. 625 St. Charles 39 Units 1 15 10. Moss-Bauer Apts. 20 Units 7 10 12. Loews New Orleans 285 Rooms 2 14 13. Harrah’s New Orleans 450 Rooms 11. 703 Carondelet 28 Units 8 14. Four Seasons (U.C.) 385 Rooms 12. 731 St. Charles (U.C.) 67 Units 4 13. 835 Julia Condos 24 Units 1 9 19 39 15. HIlton Riverside 1,622 Rooms 2 22 16. Plaza Suites Downtown 20 Rooms 14. 800 Baronne 16 Units Rouses Market 16 29 17. Renaissance Hotel 217 Rooms 15. Faubourg Townhomes 13 Units 7 17 18 9 37 18. Omni Riverfront 202 Rooms 16. The Julia 197 Units (U.C.) 10 17. Two Saints 65 Units (U.C.) 2 11 19. Embassy Suites 370 Rooms 18. The Garage 62 Units (U.C.) 28 35 20. Courtyard by Marriott 202 Rooms 3 4 17 36 19. 801 St. Joseph Condos 23 Units 12 27 34 18 21. SpringHill Suites 208 Rooms 20. 833 Howard Apts. 16 Units The Outlet 22. Residence Inn 231 Rooms 21. Trivoli Place 163 Units 3 13 26 Collection 23. New Orleans Marriott 331 Rooms 25 22. Circle 1000 13 Units 23 33 19 at Riverwalk 24. Hyatt Place 170 Rooms 23. Kalorama (U.c.) 90 Units 25. Hilton Garden Inn 284 Rooms 14 15 24. Gallery Row Condos 48 Units 16 24 30 26. Hampton Inn & Suites 228 Rooms 32 20 25. Magazine Place Condos 57 Units 27. Higgins Hotel (U.C.) 234 Units 26. Whitney & Sloo Lofts 27 Units 18 12 13 31 27. 425 Notre Dame Condos 47 Units 1 28. 711 Tchoupitoulas Condos 20 Units 17 21 Office Buildings 4 19 22 29. The Kalorama (U.C.) 90 Units Ogden Museum 23 1. Energy Center 20 of Southern Art 2. Entergy Building 30. The Lofts 24 Units 3. 701 Loyola Avenue 31. Sugar Plantation Condos 43 Units 7 9 10 11 42 24 4. Archdiocese of New Orleans 32. The Rotunda 68 Units 6 8 40 5. WDSU News Headquarters 33. Julia Place 102 Units 5 41 6. Lee Circle Plaza 34. Henderson Condos 61 Units 7. NOCHI 35. The Refinery 39 Units 21 Ernest N. Morial 8. K&B Plaza 36. 700 S. Peters Condos 88 Units 37. Waterbury Condos 11 Units Convention 9. Greater New Orleans Foundation Center 38. Four Seasons Residences (U.C.) 80 Units 8 44 25 10. N.O. Sewerage & Water Board Office 39. One River Place 80 Units 22 11. The Shop at CAC 40. St. Joe Lofts 61 Units 43 12. Emeril’s Homebase Building 45 41. Woodward Loft Apts. 194 Units National World 13. New Orleans Advocate Newspaper 42. Paragon Lofts 21 Units War II Museum 48 49 14. Stone Pigman Building 26 43. Constance Lofts 50 Units 15. Federal Reserve Bank Building 46 47 44. Nine27 Apts. 76 Units 16. Poydras Center 50 45. The Cotton Mill 110 Units 17. F. Edward Hebert Federal Building 46. Eleven Hundred (Planned) 86 Units 18. Federal Court House 47. Lengsfield Lofts 29 Units 19. 5th Circuit Court of Appeals 48. Mills Row Condos 31 Units 20. IP Buiding 49. Federal Fiber Mills 132 Units 21. 400 Poydras 50. The Bakery 66 Units Streetcar Line 22. 300 Lafayette 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. 12/18 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)

19,647 (ADT 2008)

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

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

35,027 (ADT 2008)

2018 Demographics 1 mi. 3 mi. 5 mi. RTA Bus Route Streetcar Route Bicycle Lane Population 20,965 192,791 375,043 Avg. HH Income $63,059 $67,349 $70,551 Traffic Count Streetcar Ridership Bike Share Hub