Office Building For Sale in Metairie CBD
Office
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30833255 |
| Property Subtypes: |
Office Building
|
| Status: |
Pending/Contingent |
| Building Size (RSF): |
5,055 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
13,500 SF
|
| Sale Price: |
$1,100,000 |
| Unit Price: |
$217.61 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/5/2023 |
Overview / Comments
Updated and well-maintained stand-alone building in excellent location, just two blocks from Veterans Memorial Boulevard and N Causeway Boulevard. Located directly behind Trader Joe’s along a quiet primarily residential block, this building is only a few blocks from Lakeside Shopping Center, many office buildings, service providers, and retailers. This is an easily accessible, centralized location offering plentiful off-street parking.
The 5,055-sf building sits on 13,500 sf of land. It consists of a steel frame structure and brick exterior walls over a poured concrete slab foundation. The modernized layout provides ample room for open work space, private offices, and meeting areas. Originally an office-warehouse, the roll-up doors were covered but not removed. The rear portion of the building could be converted back to warehouse space with roll-up doors.
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Jefferson |
| Submarket/Township: |
Airport-Metairie-Kenner |
| Tax ID/APN: |
40936 |
| Area Description: |
This is a standalone property in a convenient location that provides easy access to Metairie, the Northshore, and New Orleans via a rapid connection to I-10. In the heart of the Metairie Central Business District, it is surrounded by office towers and some of the region’s best performing retail. Within a one-mile radius there is a daytime population of 31,423. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Parking Type: |
Surface |
| Total Parking Spaces: |
18 |
| Zoning Description: |
Permitted uses include, but are not limited to, general and professional offices; laboratories; retail and service facilities; data processing centers; and medical, dental, or chiropractic establishments. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
25,964 |
133,221 |
316,587 |
| Median Age: |
39.64 |
40.48 |
39.07 |
| Households: |
12,320 |
59,362 |
134,443 |
|
The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
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