Listed by Walker-Alley & Associates LLC
$1,900,000
2525 Youree Office Building
Details
Property Type Office
Sub Type Traditional Office
Square Footage 22,760
Cap Rate 8.42%
NOI $160,000
Occupancy 100%
Lease Type Gross
Price per SqFt $83
Stories 1
Lot Size (SqFt) 84,509
Zoning C-3
Tenant Credit Credit Rated
Office | 8.42% CAP | 22,760 SF
Marketing description
REDUCED - 8.5% CAP RATE. $1,900,000 - Investment opportunity in 100% leased office building. State of Louisiana Probation and Parole office - 18,440 square feet. Space custom designed for State lease. Long term occupancy. State of Louisiana has new 7 year lease. GEO Reentry Services, 4,320 square feet.
Listing Contacts
Listed by Walker-Alley & Associates LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$160,000.00
$13,333.33/mo
Valuation Metrics
0
DSCR
8.42%
Cap Rate
8.42%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Is there information that looks off?
