Metairie Office Building- Prime Location

Office for Sale
Catylist Listing ID: 30818406
Property Subtypes: Office Building
Building Size (RSF): 10,948 SF
Gross Building Area: 11,450 SF
Sale Price: $1,650,000
Unit Price: $150.71 PSF
Property Use Type: Investment, Business
Building Name: 4401 N. I-10
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2022

Overview / Comments

Well maintained two story walk up Class B office building. Currently 100% occupied with multi year leases in place. Current mix of tenants include real estate brokerage, appraisal services, specialized physical therapy, marine surveyor service & non profit specialized children’s advocates. Building has been professionally managed with on site office since 2006 by current owner/broker. Many upgrades and improvements recently including complete exterior painting & water proofing, first floor common area flooring replacement, HVAC replacements and more. Located within walking distance to the new Clearview Center which will consist of new Oschner Super Clinic currently under construction & mall will be converted to a work/live/shop concept with a state of the art high end apartment complex also currently under construction.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 45375
Property Located Between: N. I-10 Service Rd West & Trenton Street
Property Visibility: Good
Highway Access: I-10
Airports: Louis Armstrong
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1971
Year Renovated: 2006
Roof Type: Flat
Exterior Description: Brick Veneer
Parking Type: Surface
Total Parking Spaces: 40
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Evaporative Cooler
Internet Access: Cable, Fiber Optic
Zoning Description: GO-1
Lot Frontage: 123.73
Lot Depth: 151.37 LS, 181.38 RS
Water Service: Municipal
Sewer Type: Municipal
Legal Description: A portion of lots 23, 24 & 25 and all of Lots 26, 27, 28, 29, 30, 31 & 32, Square 9, Suburban Villas.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 31,665 151,039 312,207
Median Age: 38.81 42.1 39.22
Households: 13,832 65,194 131,506

Contact

Photograph of Listing Agent

Chris A Falk

Falk Realty Group Inc Metairie, LA 70006
LACDB Member
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