8,655 SF Tenant Occupied Office Investment

Office for Sale
Catylist Listing ID: 30868238
Property Subtypes: Net Leased, Office Building
Building Size (RSF): 8,655 SF
Gross Building Area: See Agent
Sale Price: $2,200,000
Unit Price: $254.19 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class A
Sale Terms: Undisclosed, Owner Financing
Cap Rate: Undisclosed
Last Updated: 4/9/2024

Overview / Comments

CBRE is pleased to present 1240 Camp Street, an ±8,655 SF office building with parking garage, situated in the historic, charming Lower Garden District of New Orleans. The space has been renovated far beyond market standards and offers finishes and amenities that are unparalleled in the market.

This office building is situated three blocks from the Central Business District and boasts a prominent Lower Garden District location at the corner of Camp Street and Thalia Street. Camp Street is a two-way thoroughfare with well-marked, lighted cross walks, a dedicated bike lane, and lushly landscaped grounds. This building sits among examples of quintessential traditional New Orleans residential architecture.

Current Tenants

Tenant Business Name Mcllhenny, parent company of Tabasco

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 102103820
Property Located Between: Camp Street and Thalia Street
Property Visibility: Excellent
Area Description: This building sits among examples of quintessential traditional New Orleans residential architecture in the Lower Garden District of New Orleans.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,655 SF
Interior Description: Interior has been renovated far beyond market standards, offering finishes and amenities that are unparalleled in the market.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,572 204,238 404,313
Median Age: 37.26 35.52 36.96
Households: 10,840 87,400 168,391

Contact

Photograph of Listing Agent

Bryce French

CBRE New Orleans, LA 70130
LACDB Member
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