5250 Veterans Blvd - Freestanding FOR SALE


Metairie, LA 70006
$1,375,000 USD
504-733-4555
5250 Veterans Blvd, Metairie, LA for Sale
$1,375,000 USD
Freestanding - FOR SALE
1/2
null | Request Cap Rate

NEW


5250 Veterans Blvd
Metairie, LA 70006


HIGHLIGHTS

  • Veterans Boulevard frontage

OVERVIEW

This attractive office/retail building is located in the heart of Metairie on Veterans Boulevard in between Transcontinental and the Interstate crossover. This area of Veterans is in high demand with several new developments in close proximity. The property has been occupied by Baker Lyman for almost 18 years with its current lease expiring in April 2024. Baker Lyman would consider an early termination if desired by Buyer. The property has additional access and parking in the rear off of Quincy Street. The roof was coated 7 years ago and remains under warranty.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

-

APN/PARCEL ID

0820033315,3822310971

ASK ABOUT THIS PROPERTY

Benjamin DerbesMax J. Derbes, Inc. RealtorsMore Info
504-733-4555

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Benjamin DerbesMax J. Derbes, Inc. RealtorsMore Info
504-733-4555

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