Catylist ID: #30334908
Strategic Value-Add Office Building For Sale
Office for Sale
|Catylist Listing ID:||30334908|
|Property Subtypes:||Executive Suites, Governmental, Institutional, Medical, Mixed Use, Office Building|
|Building Size (RSF):||89,376 SF|
|Gross Building Area:||110,562 SF|
|Gross Land Area:||43,529 SF|
|Unit Price:||$0 PSF|
|Property Use Type:||Investment|
|Building Name:||Tulane Tower|
|Class of Space:||Class B|
Overview / Comments
An investor should view this property as a value-add office purchase opportunity.
This 110,562 square-foot (89,376 RSF) building is located directly adjacent to both the Orleans Parish Courthouse complex & New Orleans VA Medical Center/UMC Hospital complex.
The property also contains a three level garage holding 205 spaces.
The property comprises approximately 1 acre of land.
Presently, the building is 93% occupied, however, it will change to approximately 60% in 2019. Most leases are month to month or less than 2 years in length.
There is no official marketing price. After a period of time for prospects to view and tour, there will be a call for offers from qualified buyers.
Attachments & Media
|Nearest MSA:||New Orleans-Metairie|
|Submarket/Township:||Greater New Orleans|
|Property Located Between:||Dorgenois, Broad St, Banks St.|
|Highway Access:||Situated on Tulane Av which is highway 61|
|Number of Stories:||10|
|Typical SF / Floor:||9,200 SF|
|Parking Description:||205 spaces in a 3 level garage|
|Total Parking Spaces:||205|
|Proximity:||1 mile||3 miles||5 miles|
Keith AdlerCorporate Realty - Main Office New Orleans, LA 70170-0000
|The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|