OFFICE BLDG, For Sale
Office
for Sale
| Catylist Listing ID: |
30851481 |
| Property Subtypes: |
Business Park, Executive Suites, Medical, Office Building
|
| Building Size (RSF): |
6,720 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,150,000 |
| Unit Price: |
$171.13 PSF |
| Property Use Type: |
Investment |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
5.0% |
| Last Updated: |
9/19/2023 |
Overview / Comments
|
This is a very nice mix active and has great visibility. There is ample parking on site and spaces all around in case of overflow. While the Cap rate is a little low there is no anticipated problem with a raise in rents to more accurately reflect today's business climate. This Owner is ready to retire and will make someone a great deal!
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Jefferson |
| Submarket/Township: |
Airport-Metairie-Kenner |
| Taxing Authority: |
HARAHAN |
| Tax ID/APN: |
688ec320-964d-4402-969a-a2ceb4324765122092 |
| Property Located Between: |
Close to Hickory, Dickery & Dock |
| Property Visibility: |
Excellent |
| Highway Access: |
Blocks from Earhardt Expressway, Jefferson Highway and Airline Highway |
| Airports: |
Louis Armstrong |
| Site Description: |
Two story Building recently renovated and fully occupied |
| Area Description: |
Nice mixture of residential and commercial |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Built: |
1982 |
| Year Renovated: |
2022 |
| Construction/Siding: |
Block |
| Parking Type: |
Surface |
| Parking Description: |
Two lanes of parking more than ample space |
| Total Parking Spaces: |
16 |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Internet Access: |
Cable, Fiber Optic |
| Zoning Description: |
C-2 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
as per survey |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
15,157 |
126,750 |
286,775 |
| Median Age: |
42.27 |
40.59 |
40.18 |
| Households: |
6,511 |
54,514 |
119,469 |
|
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The information presented herein is provided as is, without warranty of any kind.
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