Catylist ID: #30137143
Medical Class B Office Building & Lot for Sale
Office for Sale
|Catylist Listing ID:||30137143|
|Property Subtypes:||Medical, Office Building|
|Building Size (RSF):||31,080 SF|
|Gross Land Area:||41,243 - 46,294 SF|
|Unit Price:||$154.12 PSF|
|Property Use Type:||Investment|
|Building Name:||Jefferson Professional Plaza|
|Class of Space:||Class B|
|Usable Size (USF):||27,844 SF|
|Sale Terms:||Cash to Seller|
|Average Occupancy Rate:||1,680|
Overview / Comments
PLEASE DO NOT DISTURB TENANTS
Great Investment Opportunity!
Multi-tenant medical office building is 31,080 SF of gross bldg. on 41,243 SF of land, zoned H-2 and the vacant lot is across the street consisting of 5,051 SF zoned C-1. As of 2012, both sites are in an AE flood zone.
Building is well maintained and is in very good condition. New roof 2006.
Building is 93% occupied with long standing tenants. Cap rate 7%.
Modified gross with tenants paying only their janitorial. Lease escalation - CPI.
An executed Confidentiality Agreement is required for additional information.
Attachments & Media
|Finance Data Year||2017|
|Net Operating Income||$343,866 (Annual)|
|Gross Operating Income||$483,866 (Annual)|
|Nearest MSA:||New Orleans-Metairie|
|Submarket/Township:||Outer Jefferson Parish|
|Zoning:||BUILDING IS (H-2) MEDICAL DISTRICT & THE VACANT LOT IS C-1 (COMMERCIAL DISTRICT)|
|Site Description:||Building situated on 41,243 SF (224.5 X 183.71 and lot across the street is 5,051 SF (45 X 112.25)|
|Total Number of Buildings:||1|
|Number of Stories:||3|
|Typical SF / Floor:||10,300 SF|
|Exterior Description:||Roof is flat / built up Exterior is brick veneer Structure if steel frame|
|Parking Description:||88 on site & 21 across street. Total = 109 Spaces.|
|Total Parking Spaces:||109|
|Heat Type:||Electricity, Hot Water|
|Air Conditioning:||Evaporative Cooler|
|Zoning Description:||Building H-2 and lot C-1|
|Proximity:||1 mile||3 miles||5 miles|
Beth CristinaStirling Properties New Orleans New Orleans, LA 70130
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