MEDICAL OFFICE BUILDING FOR SALE

Office for Sale
Catylist Listing ID: 30409680
Property Subtypes: Medical, Office Building
Building Size (RSF): 9,996 SF
Sale Price: $1,100,000
Unit Price: $110.04 PSF
Property Use Type: Investment
Building Name: Building 1A
Class of Space: Class B
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: 8.0%
Average Occupancy Rate: 100
Last Updated: 4/15/2019

Overview / Comments

Fully occupied medical office building. Forms a part of Doctors Row.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 69565
Zoning: H-2
Property Located Between: Veterans and West Esplanade
Property Visibility: Good
Site Description: Doctors Row sits on approximately 2 acres of land
Area Description: Medical Corridor, adjacent to Hosptial
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 5,000 SF
Year Built: 1980
Year Renovated: 2006
Parking Type: Surface
Parking Description: 4 reserved spaced, 10 spaced on site and 4 spaced in adjacent parking lot
Total Parking Spaces: 18
Sprinklers: None
Zoning Description: Hospital

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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

Contact

Photograph of Listing Agent

Lane Hindermann

Real Estate Consortium Metairie, LA 70005
LACDB Member
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