Hancock Whitney Center

Off-Market

701 Poydras Street, New Orleans, LA 70139

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 1,732,728 SF
  • Lot Size 1.91 Acre
  • Parking Spaces Avail. 1160
  • Parking Ratio 0.67 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified Silver
  • Building Class A
  • Year Built 1972

Contacts

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Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 10 Jun, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in New Orleans

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in New Orleans Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $19.19
  • 2022 Office Vacancy Rate 4.59%
  • 2022 Office Completions (SF)
View more New Orleans market trends

Location

Getting Around

  • Walk Score ®

    98/100 Walker's Paradise
  • Transit Score ®

    84/100 Excellent Transit
  • Bike Score ®

    90/100 Biker's Paradise
Powered by Walk Score ®
  • City New Orleans, LA
  • Neighborhood New Orleans Central Business District
  • Zip Code 70139
  • Market New Orleans

Points of Interest

  • Saint Charles at Poydras

    0.02 miles

  • Carondelet at Poydras

    0.07 miles

  • Saint Charles at Union

    0.09 miles

  • Saint Charles at Lafayette

    0.13 miles

  • Carondelet at Gravier

    0.13 miles

  • Saint Charles at Common

    0.17 miles

  • Saint Charles at Girod

    0.18 miles

  • Carondelet at Girod

    0.20 miles

  • Canal at Camp

    0.24 miles

  • Canal at Saint Charles

    0.24 miles

  • Exxon

    0.47 miles

  • Shell

    0.61 miles

  • Chevron

    0.61 miles

  • Shell

    1.17 miles

  • Shell

    1.45 miles

  • ChargePoint

    1.47 miles

  • Exxon

    1.49 miles

  • Delta

    1.59 miles

  • Orleans Center

    1.64 miles

  • Franklin Shell

    1.80 miles

  • Premium Parking Lot

    0.09 miles

  • E-Z Park

    0.11 miles

  • Premium Parking Lot P296

    0.14 miles

  • Harrah's New Orleans Parking Garage

    0.38 miles

  • Premium Parking

    0.42 miles

  • Lot B

    0.85 miles

  • Roman Parking Garage

    0.86 miles

  • Erato St Cruise Terminal

    0.87 miles

  • Lot F

    0.95 miles

  • Pay Parking Lot

    1.23 miles

  • Hilton New Orleans/St. Charles Avenue

    0.05 miles

  • InterContinental New Orleans

    0.07 miles

  • The Blake Hotel New Orleans, an Ascend Hotel Collection Member

    0.08 miles

  • Residence Inn

    0.08 miles

  • The Whitney

    0.09 miles

  • Drury Inn & Suites New Orleans

    0.10 miles

  • Q&C HotelBar New Orleans, Autograph Collection

    0.12 miles

  • La Quinta Inn & Suites by Wyndham New Orleans Downtown

    0.12 miles

  • Le Pavillon Hotel

    0.12 miles

  • The Natchez Vacation Rentals

    0.13 miles

  • Luke

    0.06 miles

  • Welty's Deli

    0.11 miles

  • Josephine Estelle

    0.14 miles

  • Commerce

    0.14 miles

  • Bon Ton Cafe

    0.17 miles

  • Seaworthy

    0.17 miles

  • CHOPHOUSE NEW ORLEANS

    0.19 miles

  • Mike Serio's Po-Boys

    0.19 miles

  • Johnny Sanchez

    0.19 miles

  • Subway

    0.21 miles

  • Good Shepherd School

    0.16 miles

  • Rabouin Career Magnet High School

    0.23 miles

  • New Orleans School of Glass Works and Printmaking

    0.28 miles

  • New Orleans School of Cooking

    0.52 miles

  • Saint Jude School of Religion

    0.56 miles

  • Saint John the Baptist Preschool and Head Start

    0.62 miles

  • Cathedral Academy School

    0.76 miles

  • Martin Luther King Jr Head Start Center School

    0.79 miles

  • Louisiana State University Health Sciences Center

    0.88 miles

  • McDonogh 15 KIPP Transformation School

    0.89 miles

  • JCC Nursery School

    0.09 miles

  • Naval Support Activity Child Development Center

    0.36 miles

  • UNIKIDS Academy

    0.36 miles

  • God Promised Day Care Center

    0.56 miles

  • City Wide Daycare Center

    0.80 miles

  • Cabrini Day Care Center

    0.89 miles

  • Saint Marks Community Day Care Center Number 2

    1.00 miles

  • E B Bromon Liberty House Child Day Care Center

    1.01 miles

  • Peoples Community Child Care Center

    1.01 miles

  • Saint Marks Fourth Baptist Church Day Care Center

    1.02 miles

Frequently Asked Questions

What is the total square footage of Hancock Whitney Center?

Hancock Whitney Center totals 1,732,728 square feet.

When was this property built?

Hancock Whitney Center was built in 1972.

When was Hancock Whitney Center last sold?

Hancock Whitney Center was last sold on 10 Jun, 2015.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.