Office Building For Sale (I-10 Exposure) - Metairie

Office for Sale
Catylist Listing ID: 30382677
Property Subtypes: Office Building
Building Size (RSF): 5,400 SF
Sale Price: $745,000
Unit Price: $137.96 PSF
Property Use Type: Investment, Business
Class of Space: Class C
Sale Terms: Cash to Seller
Last Updated: 5/16/2019

Overview / Comments

One of the few remaining buildings in Metairie offering direct Interstate exposure, hosting The ALCOR Group (Owner) real estate operations & a successful Executive Suites operation since 2001.

Approx. 5,400 gsf Income producing with Owner occupancy potential offering direct Interstate 10 exposure with large exterior electronic LED reader board for advertising to over 130,000 +/- daily vehicles. Excellent Owner/occupant opportunity.

In addition to high visibility, this location offers easy access to surrounding Metro area with 10 minutes to Louis Armstrong International Airport (MSY) or New Orleans CBD as well as the Northshore, Elmwood Warehouse District and Westbank. Building offers ample parking.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: JP-44696
Zoning: BC-2
Market Type: Medium
Side of Street: South
Road Type: Paved
Property Visibility: Excellent
Transportation: Highway, Airport
Highway Access: Located at Clearview Parkway/Interstate 10 intersection in the heart of Metairie.
Airports: Louis Armstrong International (MSY)
Area Description: Area consists of mixed use office and retail establishments.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,700 SF
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Well built Owner occupied building with 17-19 parking spaces and additional street parking.
Parking Type: Surface
Parking Description: Concrete parking lot with 17-19 parking spaces.
Total Parking Spaces: 17
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Gigabit
Interior Description: Single tenant ground floor office user with multiple executive office suites on second floor; carpet, vinyl and ceramic tile flooring throughout building.
Zoning Description: BC-2; capable of supporting most office and retail type occupancy.
Lot Frontage: approx 7200 sf
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 34,020 155,329 310,092
Median Age: 39.3 42.09 39.22
Households: 14,846 66,921 130,573


Photograph of Listing Agent

Al Oglesby

The Alcor Group Metairie, LA 70001
LACDB Member
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