Income Producing Commercial Office Building
Office
for Sale
| Catylist Listing ID: |
30639120 |
| Property Subtypes: |
Governmental, Medical, Office Building
|
| Building Size (RSF): |
5,520 SF
|
| Gross Land Area: |
0.95 - 0.99 Acres
|
| Sale Price: |
$299,000 |
| Unit Price: |
$54.17 PSF |
| Ceiling: |
8 ft. |
| Property Use Type: |
Net Leased Investment (NNN) |
| Class of Space: |
Class B |
| Usable Size (USF): |
5,520 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
14.4% |
| Last Updated: |
9/22/2020 |
Overview / Comments
|
Investment Opportunity! Income producing property! Current lease in affect until March 2021. This building has been well maintained, New Roof, New AC. 16 Offices, 2 Conference rooms, Kitchen, 4 Restrooms, reception, lobby, and filing/storage rooms. Plenty of onsite parking in front and back of building. Call today to schedule your appointment to view.
|
Financials
| Finance Data Year |
2020 |
| Real Estate Taxes - Annual($) |
$5,070 (Annual) |
| Gross Operating Income |
$53,706 (Annual) |
| Net Operating Income |
$42,909 (Annual) |
| Actual or Proforma Year |
Actual |
Additional Details
| Nearest MSA: |
Lafayette |
| County: |
Iberia |
| Tax ID/APN: |
0502982511 |
| Zoning: |
COMMERCIAL |
| Property Located Between: |
Jefferson Island Road and Anderson St. |
| Property Visibility: |
Excellent |
| Highway Access: |
Located on Hwy 674, and 3 miles from Hwy 90 |
| Airports: |
Acadiana Regional Airport - 3 Miles |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Roof Type: |
Hip |
| Construction/Siding: |
Brick |
| Parking Ratio: |
5 (per 1000 SF) |
| Parking Type: |
Surface |
| Total Parking Spaces: |
25 |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
Owned |
| Legal Description: |
LOCATED IN SEC 14 T 12 S,R 6 E |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
9,577 |
35,073 |
45,860 |
| Median Age: |
31.67 |
35.3 |
35.76 |
| Households: |
3,356 |
13,167 |
17,009 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
