Commercial-Other - New Orleans, LA Stunning property on St. Charles with a national medical tenant. The owner would like to sell the property off market and would require any potential buyers to sign an CA prior to receiving any information on the property. The owners have another project they would like to pursue.
20,000 Square foot building on St. Charles with a very large parking lot. Largest parcel on St. Charles Ave. Initial lease is a 10-year term. Escalators in year 5 (5%), year 7 (3%), and year 9 (3%). Exit clause in year 6.5 for $450,000 Lease has just started in November, 2021 Preferred close by the end of the year. Asking price is $8,775,000, a 6% cap rate
Please reach out via email and I will send a Confidentiality Agreement in order to release information.
Days On Market
May 25, 2022
Offered By: Ron Patron
Coldwell Banker Commercial TEC
Data Provided by Coldwell Banker
Anne of Green Gables
ESPN, CPN, ASP
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