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: |
$293,000 |
Unit Price: |
$53.08 PSF |
Ceiling: |
8 ft. |
Property Use Type: |
Net Leased Investment (NNN) |
Class of Space: |
Class B |
Usable Size (USF): |
5,520 SF |
Sale Terms: |
Cash to Seller |
Cap Rate: |
14.4% |
Last Updated: |
2/9/2021 |
Overview / Comments
Investment Opportunity! Income producing property! Current lease in affect until March 2021. This building has been well maintained, New Roof, New AC. 16 Offices, 2 Conference rooms, Kitchen, 4 Restrooms, reception, lobby, and filing/storage rooms. Plenty of onsite parking in front and back of building. Call today to schedule your appointment to view.
|
Financials
Finance Data Year |
2020 |
Real Estate Taxes - Annual($) |
$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 |
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