100% LEASED by 22nd Judicial Court, Investment Opportunity
Office
for Sale
| Catylist Listing ID: |
30829421 |
| Property Subtypes: |
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: |
4/15/2024 |
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 |
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 |
|
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Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
|
