100% LEASED Investment Opportunity OWNER FINANCING

Office for Sale
Catylist Listing ID: 30829421
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 3,360 SF
Gross Building Area: 3,650 SF
Gross Land Area: 0.38 Acres
Sale Price: $425,000
Unit Price: $126.49 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 0.08%
Last Updated: 2/15/2024

Overview / Comments

Leased investment opportunity with quality tenants. Excellent stability with long term occupancy, being offered at slightly over an 8% CAP

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Tax ID/APN: 249bb6d5-6502-4b63-8e23-632aef430e41
Zoning: COMMERCIAL
Property Located Between: Old Spanish Trail and Fremaux
Property Visibility: Excellent
Airports: Slidell, New Orleans, Gulfport
Total Number of Buildings: 1
Number of Stories: 2
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Evaporative Cooler
Internet Access: Cable, DSL, ISDN, T1/T3, Fiber Optic
Zoning Description: Mixed Use commercial area with retail, offices, and more
Lot Frontage: 100
Lot Depth: 220
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,831 47,544 83,929
Median Age: 35.85 38.19 38.21
Households: 1,845 17,511 31,221

Contact

Photograph of Listing Agent

Larry W Haik, Jr

ABEK Real Estate Slidell, LA 70458
LACDB Member
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