NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED.

430 Notre Dame Street

New Orleans, LA 70130

+1 504 569 9312

latterblum.com

For more information:

Rich Stone, CCIM+1504 569 9319 • rstone@latterblum.com

Licensed in Louisiana and Mississippi

For Sale

Single Tenant NNN Opportunity

Price: $1,150,000

Patrick Egan, CRE+1504 569 9327 • pegan@latterblum.com

Licensed in Louisiana

7220 St. Claude AvenueArabi, LA 70032This recently renovated office/warehouse building is home to the parent company of Tales of the Cocktail®, the world's premier series of cocktail festivals. The facility is located in the increasingly popular Arabi community in St. Bernard Parish, and is 20 minutes to the French Quarter and downtown New Orleans. Based on the current rental of the NNN lease, the offering price represents a cap rate of 7.8%.

THE INDUDSTRY’S NON-PROFIT COCKTAIL FESTIVALORIGINAL

For Sale

Single Tenant NNN Opportunity THE INDUDSTRY’S NON-PROFIT COCKTAIL FESTIVALORIGINAL

The Building

n Two-story office/warehouse with 8,595 gross SF

n Completely renovated in 2017

n Concrete block, new corrugated galvalum siding, fixed hurricane impact storefront system and painted Hardie clapboard and panels

n All new snap-lock metal roof

n Modern high-tech offices on the 2nd floor with recessed LED lighting, bamboo flooring, private offices as well as creative work space, break room and storage

n 1st floor office/reception area and warehouse space served by ground level loading door

For Sale

Single Tenant NNN Opportunity THE INDUDSTRY’S NON-PROFIT COCKTAIL FESTIVALORIGINAL

THE INDUDSTRY’S NON-PROFIT COCKTAIL FESTIVALORIGINAL

The Tenant

The tenant is MOJO 911, LLC, parent company and owner of all trademarks for Tales of the Cocktail®. Founded in 2002, Tales of the Cocktail® has grown from a small gathering of cocktail lovers into the world�s premier cocktail festival. Each year the international spirits industry is welcomed to New Orleans for a week of seminars, tastings, networking events and much more. With 200+ annual events developed specifically for bartenders, distillers and other spirits professionals, Tales of the Cocktail® is the industry�s annual meeting place for the exchanging of new ideas, products and techniques.

Tales of the Cocktail® also produces a number of other events and programs such as Tales of the Cocktail® on Tour, Tales 365, Tales of the Toddy® and Daiquiri Season, all to further the mission of supporting and growing the international cocktail community. The organization has recently expanded its reach internationally, having produced festivals in Vancouver, Buenos Aires and Mexico City.

Details of lease agreement available upon request

For Sale

Single Tenant NNN Opportunity THE INDUDSTRY’S NON-PROFIT COCKTAIL FESTIVALORIGINAL

For Sale

Single Tenant NNN Opportunity THE INDUDSTRY’S NON-PROFIT COCKTAIL FESTIVALORIGINAL

For Sale

Single Tenant NNN Opportunity THE INDUDSTRY’S NON-PROFIT COCKTAIL FESTIVALORIGINAL

For Sale

Single Tenant NNN Opportunity THE INDUDSTRY’S NON-PROFIT COCKTAIL FESTIVALORIGINAL

For Sale

Single Tenant NNN Opportunity THE INDUDSTRY’S NON-PROFIT COCKTAIL FESTIVALORIGINAL

For Sale

Single Tenant NNN Opportunity THE INDUDSTRY’S NON-PROFIT COCKTAIL FESTIVALORIGINAL

Ground Floor Plan

WAR

EHO

USE

/STO

RAG

E

For Sale

Single Tenant NNN Opportunity THE INDUDSTRY’S NON-PROFIT COCKTAIL FESTIVALORIGINAL

CO

NFE

REN

CE

2nd Floor Plan

Property Survey

For Sale

Single Tenant NNN Opportunity THE INDUDSTRY’S NON-PROFIT COCKTAIL FESTIVALORIGINAL

Note: rear storage building shown as part of Lot C was removed during construction