Behrman Place Office
Office
for Sale
| Catylist Listing ID: |
30399207 |
| Property Subtypes: |
Medical, Office Building
|
| Building Size (RSF): |
10,042 SF
|
| Gross Land Area: |
31,312 SF
|
| Sale Price: |
$1,572,000 |
| Unit Price: |
$156.54 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
Behrman Place Office |
| Class of Space: |
Class C |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
8.0% |
| Last Updated: |
3/6/2023 |
Overview / Comments
Owner Occupant op in this medical / professional office complex. The front building is 2,417 SF and is leased to a dentist for 10 years. The rear building is 7,657 SF with the first floor leased for 3 yrs to a real estate firm and 5 yrs to a physician's office. The 2nd floor is available, ADA accessible via elevator, and has about 3,753 SF of office space, formerly an oral surgery office.
Ample parking is available in the attached parking lots with about 55 parking spots. Excellent visibility with directory signage near the street. Close to new office and retail developments. Convenient location just off General De Gaulle with easy access to the Westbank Expressway and the Crescent City Connection. An excellent investment for an Owner/User. Motivated seller.
**PLEASE NOTE THAT THIS INCLUDES FULL REVENUE FOR THE BUILDING AS 100% OCCUPIED. THE 2ND FLOOR RENTAL REVENUE OF $37,530 IS GUARANTEED BY SELLER FOR 1 YEAR.
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Orleans |
| Submarket/Township: |
Westbank |
| Taxing Authority: |
Orleans |
| Tax ID/APN: |
513614408 |
| Zoning: |
S-B2 (HTTPS://CZO.NOLA.GOV/ARTICLE-14/) |
| Property Located Between: |
General De Gaulle & Behrman Highway |
| Property Visibility: |
Good |
| Airports: |
MSY |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
3,535 SF |
| Year Built: |
1975 |
| Year Renovated: |
2000 |
| Roof Type: |
Flat |
| Parking Ratio: |
5.5 (per 1000 SF) |
| Parking Type: |
Surface |
| Parking Description: |
Surface lot has about 55 parking spots surrounding the property. |
| Total Parking Spaces: |
55 |
| Passenger Elevators: |
1 |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
S-B2 PEDESTRIAN-ORIENTED CORRIDOR BUSINESS DISTRICT
The S-B2 Pedestrian-Oriented Corridor Business District is intended for clusters of pedestrian-oriented business uses generally located along corridors. The district regulations are designed to encourage compatibility with adjacent or nearby suburban residential uses and maintain the pedestrian-oriented character of the area. |
| In Flood Plain?: |
Yes |
| Lot Frontage: |
76 |
| Lot Depth: |
206 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
21,580 |
123,044 |
295,677 |
| Median Age: |
36.08 |
36.01 |
36.25 |
| Households: |
8,583 |
48,868 |
119,168 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
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