Doctor's Row - Building 1

Office for Sale
Sale Pending
Catylist Listing ID: 30793687
Property Subtypes: Medical
Status: Pending
Building Size (RSF): 8,650 SF
Gross Building Area: 9,996 SF
Sale Price: $1,099,000
Unit Price: $127.05 PSF
Property Use Type: Investment
Building Name: Doctor's Row - Building 1
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 8.49%
Average Occupancy Rate: 100
Last Updated: 8/16/2022

Overview / Comments

2 Story Medical Office Building in Doctor's Row. Located at the end of Houma Blvd adjacent to East Jefferson General Hospital (LCMC).
This 9,996 SF building consists of 5 suites with a few long term tenants.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 69565
Zoning: H2
Property Located Between: West Esplanade and Veterans Memorial Blvd
Property Visibility: Excellent
Total Number of Buildings: 6
Number of Stories: 2
Year Built: 1980
Year Renovated: 2006
Roof Type: Flat
Construction/Siding: Stucco
Parking Type: Surface
Zoning Description: H2 Medical Corridor
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: 18.69% Ownership Interest
Legal Description: Parcel E-1A Condo Unit 1-A and undivided 18.69% interest in the common elements

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,522 137,597 286,045
Median Age: 41.61 41.92 39.47
Households: 8,920 58,613 121,000


Photograph of Listing Agent

Lori L Hess

Hess Properties LLC Metairie, LA 70002
LACDB Member
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