3960 Florida St - Office/Residential FOR SALE


Mandeville, LA 70448
$1,099,000 USD
504-451-8234
3960 Florida St, Mandeville, LA for Sale
$1,099,000 USD
Office/Residential - FOR SALE
1/3
null | 7.23% Cap Rate

3960 Florida St
Mandeville, LA 70448


OVERVIEW

Attractive well maintained strip center on the Florida Extension roadway to the Rouse's on the East Approach. The center was built in 2007. Center is 100% occupied with long term tenant occupying 3 bays. Tenant has been there since the center opened in 2007. New tenant "coming soon" in the 4th bay. Triple net leases in place. There is also a pick-up window for the right end cap space of the building. The center was painted in 2024. A new HVAC unit was installed in 2024 for the Lift Studio's Tenant. Excellent opportunity to own a great center in Mandeville!

FOR SALE DETAILS

PRICE

$1,099,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

7.23%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Unit 1-4

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

B-2

APN/PARCEL ID

58436

ASK ABOUT THIS PROPERTY

Terrie HughesKPG Realty, LLCMore Info
504-451-8234

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Terrie HughesKPG Realty, LLCMore Info
504-451-8234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.