Kenner Office For Sale - Priced To Sell

Office for Sale
Catylist Listing ID: 30459810
Property Subtypes: Office Building
Building Size (RSF): 10,000 SF
Gross Land Area: 19,125 SF
Sale Price: $749,000
Unit Price: $74.90 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/19/2019

Overview / Comments

Priced at $75/sq.ft. this is a great deal for both Users or Investors. Currently half the building (1st floor) is leased to a law firm that will be vacating at the end of the year. The 2nd floor is partially leased, but mostly available.

Well maintained, functioning property with a new roof (2015), windows replaced approx. 10 years ago. Shows very well. Plenty of parking, on concrete paved lot.

Terrific Access off I-10 via 32nd Street Ramp that is less than 3 blocks away from the building. Easy In/Out. Great for any company with a sales force or employees who need to be mobile.

Lot size is approximately 19,125 sf (150 x 127.50), 2 floors of approx. 5K sf each

26 parking spaces total with additional 4-6 parking spaces on the side of the building.

8 ac units which enables the floors to be subdivided more easily. 2 water meters
4 electric meters. Could easily be divided into up to 6-8 tenants. Could be an excellent option for a part owner/user who also wanted to generate additional rental income.

Owner is motivated to sell, property is priced to move. Please do not enter the building without calling listing brokers to set up an appointment.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 3922979354
Zoning: C-1
Number of Stories: 2
Typical SF / Floor: 5,000 SF

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,906 120,794 205,630
Median Age: 39.09 39.65 39.79
Households: 7,024 46,639 83,756

Contact

Photograph of Listing Agent

Matt Eaton

RE/MAX Commercial Brokers Inc Metairie, LA 70002
LACDB Member
Photograph of Listing Agent

Richard E Juge

RE/MAX Commercial Brokers Inc Metairie, LA 70002
LACDB Member
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