THE GARAGE 840-848 Carondelet Street New Orleans, LA

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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 EXECUTIVE SUMMARY • Reduced CAM Charges – Restoration Tax Abatement A cutting-edge development in the heart of New Orleans’ Warehouse District, this full renewal and renovation of the historic Stephens Buick Dealership features nearly 21,000 SF of leasable ground- NEARBY LANDMARKS floor commercial space, 51 apartments, and 11 penthouse condominiums upon completion. The • South Market District • Ernest N. Morial Convention Center most unique feature of The Garage is the provision of two automated vehicular elevators ferrying • National World War II Museum • Contemporary Arts Center and residents and their automobiles to parking spaces directly to their front door. • Art Galleries along Julia Street Ogden Museum of Southern Art The development sits in a prime Warehouse District corridor, capturing the ingress of the downtown • Rouses Market • New Orleans Culinary and Hospitality Institute (NOCHI) commuter, fronting one of the major streetcar lines, and is centrally located within the city, so as to • Ace Hotel • New Orleans AdvocateNewspaper provide easy access to the primary submarkets of the city of New Orleans. Additionally, tenants will • The Outlet Collection at Riverwalk Office 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 Member of 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 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. 9/20 THE GARAGE 840-848 Carondelet Street New Orleans, LA

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GROUND FLOOR Click image for larger view COMMERCIAL SITE PLAN ROLL UP DOOR DOOR TO COMMON ALLEY PROPERTY LINE THE GARAGE GROUND FLOOR STAIR 2 AVAILABILITY TRASH ROOM • Suite A: 12,739 SF • Suite B: 2,546 SF • Suite C: 2,402 SF SHARED EGRESS

• Suite D: 2,549 SF ELECTRIC UTILITY VAULT • Total Contiguous: 20,940 SF

ADDITIONAL AVAILABILITY

Potential for nearly 50,000 SF of contiguous VEHICULAR ELEVATORS retail space when combined with neighboring 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 COMMON ALLEY PLUMBING / FIRE PUMP line, The Garage provides tremendous visibility to 3.5 Million annual streetcar riders, as well as STAIR 1 to the thousands of vehicles that use Carondelet SUITE A SUITE B SUITE C SUITE D 12,739 SQ. FT. 2,546 SQ. FT. 2,402 SQ. FT. 2,549 SQ. FT. Street as a conduit between the I-10 Expressway PASSENGER ELEVATOR and the CBD each day. Patrons of The Garage LOBBY find themselves within steps of New Orleans’ finest restaurants, galleries and museums, and COVERED OUTDOOR a short promenade from such landmarks as the VEHICULAR DRIVEWAY

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

RETAIL & FOOD LIVE & WORK DOWNTOWN OVERVIEW SITE PLAN AERIAL PHOTOS DEMOS MAP MAP INFO

CVS Pharmacy Maison De La Luz Ace Hotel

US Post Office South Market District Rouses Market Crescent City

t Farmers Market Camp Street

e (Every Saturday) Baronne StreetBaronne

e Magazine StreetMagazine

r Carondelet StreetCarondelet

St. Charles Avenue

t t S

S Nesbit’s

The Julia at St. Charles t

t Julia Market r

r +17,000 SF of Ground Floor Retail

a a

p p Julia Street m

m Auction House

O’Keefe Street O’Keefe

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Loyola Avenue Loyola

Loyola Avenue Loyola New Orleans Market R R

. Advocate S

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 2,546 SQ. FT. SUITE B PROPERTY LINE 2,402 SQ. FT. SUITE C ELECTRIC UTILITY VAULT

Domio TRASH ROOM SHARED EGRESS 2,549 SQ. FT. SUITE D

STAIR 2 Two Saints

COMMON ALLEY 840-848 CARONDELET STREET SHEET 1 NEW ORLEANS LA 70130 OF Union Passenger Howard AvenueBaronne St. 8 (Under Development) DATE: DRAWN BY: SZW SCALE: 1/16" = 1'-0" Terminal Hotel 7/19/18 +11,500 SF of Ground Floor Retail St. Joseph Street New Orleans Culinary and Hospitality Contemporary Institute (NOCHI) Arts Center Constance StreetConstance Ogden Museum Pontchartrain Expressway (Highway 90) of Southern Art Higgins Hotel & Conference Center WDSU News Greater New (ADT 2016 - 126,335) Headquarters Orleans Foundation Office

National World War II Museum Streetcar Line

RETAIL & FOOD LIVE & WORK DOWNTOWN OVERVIEW SITE PLAN AERIAL PHOTOS DEMOS MAP MAP INFO

1 RETAIL / SERVICES 1 RESTAURANTS / BARS Harrah’s 1. barre3 1. Dave & Buster’s Casino 2. Stonefree 2. Willa Jean 3. Simplee Gourmet 3. Magasin Kitchen 4. Hair Loft Studio 4. Blaze Pizza 5. Fidelity Bank 5. Aglio 6. Arhaus 6. The Company Burger 7. Maypop 7. Blanc Beauty Bar + Higher Power 1 8. The Daily Beet 8. CVS Pharmacy 9. Cellar Door 9. Rouses Market 10. Poke Loa 10. Bulls & Bears Barber Shop Parlor 11 . Josephine Estelle 11 . Hancock Whitney Bank 12. Stumptown Coffee Roasters 1-2 9 11-12 23-26 30 31 12. Mia Bella Beauty Lounge 13. Seaworthy 6-8 13. The Transportation Revolution - 14. Between the Bread 2-7 9 14 32 10 13 24 29 European Motorbikes Dealer 15. Mammoth Espresso 33 14. Professional Sport Shop 16. Meril 8 11 15. HourBlast 17. Circle Bar 10 22 21-23 16 34 35 16. Duplantier Fine Custom Framing 18. G’s Pizza 3-5 33-35 15 38 The Outlet 17. Keife & Co. 19. South Market Pub & Grill 12 21 27 Collection at 18. Crescent City Pilates 20. Drip Affogato 13 37 Riverwalk 28 31 25 26 19. Exxon Gas Station 21. Herbsaint 36 37 22. CBD Social 14 20 45-46 9 20. Iron Tribe Fitness 29-30 23. Marcello’s Restaurant & Wine Bar 32 27 28 21. Crescent City Farmer’s Market 16 38 24. Desi Vega’s Steakhouse 22. Buff Beauty Bar 15 41 Ogden Museum of 25. Rebellion Bar & Urban Kitchen Southern Art 23. Defend New Orleans Clothing 26. Café Carmo 19 20 24. Friend Men’s Clothing 27. Auction House Market 36 18 40 39 39 25. FREDA Boutique 28. Pêche Seafood Grill 17-18 26. The Parker Barber 29. Espíritu 27. Aunt Sally’s Pralines 30. Gyu-Kaku Japanese BBQ 41 28. FedEx/Kinko’s 31. Barcadia 43 44 29. Salon du Beau Monde 32. Revelator Coffee 19 Ernest N. Morial 33. St. James Cheese Company Convention Center 30. Bikram Yoga 31. Prime Fitness 34. Lucy’s Retired Surfers Bar 17 40 32. Firestone Complete Auto Care 35. Legacy Kitchen 36. NOSH 42 33. Reyn Studios: Power Yoga 37. Tommy’s Cuisine National World 34. Bittersweet Confections War II Museum 38. Emeril’s 35. New Orleans Glass Works 39. La Boca 36. AVERY Perfume Gallery 40. Flamingo A-Go-Go 37. Nesbit’s Julia Market 41. Jeri Nims Soda Shop 38. Italy Direct Women’s Clothing 42. American Sector Restaurant 39. New Orleans Auction Galleries 43. Ugly Dog Saloon & BBQ 40. Nesbit’s Poeyfarre Market 44. Cochon / Cochon Butcher Streetcar Line 41. F45 (Opening Soon) 45. True Food Kitchen 46. Main Squeeze Juice Co.

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1 HOTELS - 8,078 ROOMS 1 APARTMENTS/LOFTS 1. Hyatt House Downtown 194 Rooms 3,832 HOUSING UNITS Harrah’s 2. Hyatt Regency 1,193 Rooms 1. The Paramount at Casino 3. Drury Inn & Suites 158 Rooms South Market District 229 Units 4. Maison de la Luz 67 Rooms 2. The Beacon at S.M.D. 124 Units 5. Ace Hotel New Orleans 234 Rooms 3. The Standard at S.M.D. 89 Uts. 16 (U.C.) 259 Uts. 6. The Blake Hotel 122 Rooms 4. The Odeon at S.M.D. Dave & Buster’s 5. 930 Poydras Apts. 250 Units 38 7. The Whitney Hotel 93 Rooms 6. Civic Lofts 72 Units 8. Lafayette Hotel 44 Rooms 7. 909 Lafayette 12 Units 9. Domio Baronne St. 50 Rooms 8. Caldwell Condos 12 Units 1 5 7 10. Holiday Inn Express 135 Rooms 3 9. 625 St. Charles 39 Units 6 15 13 11. Cambria Hotel & Suites 162 Rooms 6 14 14 10. Moss-Bauer Apts. 20 Units 1 19 20 15 12. The Old No. 77 Hotel 165 Rooms 17 11. 703 Carondelet 28 Units 7 12 13. Staybridge Suites 182 Rooms 2 4 12. 731 St. Charles (U.C.) 67 Units 14. Loews New Orleans 285 Rooms 13. 835 Julia Condos 24 Units 8 5 15. Harrah’s New Orleans 450 Rooms 1 9 18 39 14. 800 Baronne 16 Units 2 16. Four Seasons (U.C.) 385 Rooms 15. Faubourg Townhomes 13 Units Rouses Market 18 17. HIlton Riverside 1,622 Rooms 16. The Julia 197 Units 8 16 29 11 17 37 18. Plaza Suites Downtown 20 Rooms 17. Two Saints 65 Units (Planned) 10 19. Renaissance Hotel 217 Rooms 2 11 18. The Garage 62 Units 28 35 20. Omni Riverfront 202 Rooms 19. 801 St. Joseph Condos 23 Units 4 19 36 21. Embassy Suites 370 Rooms 3 12 27 34 20 20. 833 Howard Apts. 16 Units The Outlet 22. Courtyard by Marriott 202 Rooms 21. Trivoli Place 163 Units 3 13 26 Collection at 23. SpringHill Suites 208 Rooms 22. Circle 1000 13 Units 25 33 21 Riverwalk 24. Residence Inn 231 Rooms 23. 800 Magazine 9 Units 25. New Orleans Marriott 331 Rooms 24. Gallery Row Condos 48 Units 14 16 15 26. Hyatt Place 170 Rooms 25. Magazine Place Condos 57 Units 23 24 30 32 22 27. Hilton Garden Inn 284 Rooms 26. Whitney & Sloo Lofts 27 Units 28. Hampton Inn & Suites 228 Rooms 27. 425 Notre Dame Condos 47 Units 18 12 13 31 29. Higgins Hotel 234 Units 28. 711 Tchoupitoulas Condos 20 Units 29. The Kalorama 90 Units 9 19 17 23 4 Ogden Museum of 24 30. The Lofts 24 Units Southern Art 25 1 20 OFFICE BUILDINGS 31. Sugar Plantation Condos 43 Units 1. Energy Center 32. The Rotunda 68 Units 7 9 10 11 42 26 2. Entergy Building 33. Julia Place 102 Units 6 10 40 3. 701 Loyola Avenue 34. Henderson Condos 61 Units 5 41 4. Archdiocese of New Orleans 35. The Refinery 39 Units 5. WDSU News Headquarters 36. 700 S. Peters Condos 88 Units 21 Ernest N. Morial 6. Lee Circle Plaza 37. Waterbury Condos 11 Unit s 29 Convention Center 7. NOCHI 38. Four Seasons Residences (U.C.) 80 Units 8 44 27 8. K&B Plaza 39. One River Place 80 Units 22 9. Greater New Orleans Foundation 40. St. Joe Lofts 61 Units 43 10. N.O. Sewerage & Water Board Office 41. Woodward Loft Apts. 194 Units National World 45 11. The Shop at CAC 42. Paragon Lofts 21 Units War II Museum 48 49 12. Emeril’s Homebase Building 43. Constance Lofts 50 Units 28 47 13. New Orleans Advocate Newspaper 44. Nine27 Apts. 76 Units 46 45. The Cotton Mill 110 Unit s 50 14. Federal Reserve Bank Building 15. Poydras Center 46. Eleven Hundred (Planned) 86 Units 16. F. Edward Hebert Federal Building 47. Lengsfield Lofts 29 Units 17. Federal Court House 48. Mills Row Condos 31 Units 18. 5th Circuit Court of Appeals 49. Federal Fiber Mills 132 Units Streetcar Line 19. IP Buiding 50. The Bakery 66 Units 20. 400 Poydras 51. 1300 Annunciation (Planned) 208 Uts. 51 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 Member of 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 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. 9/20 THE GARAGE 840-848 Carondelet Street New Orleans, LA

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

n Aquarium of

e e v

v the Americas

A A

a DOWNTOWN ENTERTAINMENT & TOURISM l

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

St. Charles Avenue

DOWNTOWN COMMERCIAL Ogden Museum Ernest N. Morial • 8.8 million square feet of Class A office space of Southern Art Convention Center • 243 retail stores DOWNTOWN MAP KEY National World • Downtown Residential War II Museum New Orleans Downtown

• Almost 40,000 residents Warehouse / Arts District

• 6,775 apartments and condos in Downtown with 1,700 more units on the way Sports / Entertainment District • $89,000 average household income of a Downtown resident Central Business District • 1.2 walkable square miles French Quarter Port of New Orleans Information from: University of New Orleans’ Hospitality Research Center (May 2018), Downtown New Orleans BioMedical District Cruise Ship Terminal Demographic Profile, Downtown Development District of New Orleans (April 2018), and Downtown By The Numbers, Treme / Lafitte Neighborhood Downtown Development District of New Orleans (January 2018)

RETAIL & FOOD LIVE & WORK DOWNTOWN OVERVIEW SITE PLAN AERIAL PHOTOS DEMOS MAP MAP INFO

DEMOGRAPHIC MAP TRANSPORTATION MAP

26,720 (ADT 2018)

8,445 (ADT 2019) 5,317 (ADR 2019)

9,356 (ADT 2019)

163,126 20,437 (ADT 2019) (ADT 2019) 2020 DEMOS 1 MILE 3 MILE 5 MILE Population 21,843 193,777 375,911 Daytime Population 105,112 246,972 389,210 RTA Bus Route Streetcar Route Bicycle Lane Avg. HH Income $59,722 $69,435 $73,552 Traffic Count Streetcar Ridership