Listed by Max J. Derbes Inc
$7,850,000
4227-4471 Poche Ct. W.
Details
Property Type Industrial, Office
Sub Type Distribution, Traditional Office
Square Footage 116,882
Net Rentable (SqFt) 116,882
Units 5
NOI $283,578
Occupancy 33%
Tenancy Multi
Brand/Tenant GSA
Lease Type Modified
Lease Term 15
Lease Expiration 01/22/2039
Remaining Term 12.6
Lease Options 5 year
Broker Co-Op Yes
Class B
Year Built 1978, 1983
Year Renovated 2022
Buildings 5
Stories 2
Acreage 11.430
Zoning Business-Industrial Park/Industrial
Investment Type Value Add
Tenant Credit Credit Rated
Lease Commencement 01/23/2024
Occupancy Date 01/23/2024
Ceiling Height 11'-18'
Loading Docks 2
Dock High Doors 2
Industrial | 116,882 SF
Marketing description
Investment Summary:
Address: 4227-4471 Poche Ct West
New Orleans, LA
Year built: 1978 Warehouse Buildings
1983 Office Building/substantially
renovated in 2022
Gross Building Area: 116,882 SF
GSA Leased Suite: 38,000 SF
Vacant Suites: Warehouse A: 5,382 SF
Warehouse B: 18,000 SF
Warehouse C: 25,000 SF
Office Building: 28,000 SF
Maintenance Warehouse: 2,500 SF
Land Area: 11.43 acres
Lease Structure: GSA – Gross Lease, Tenant pays
operating costs ($4.31/SF)
(excluding taxes and insurance)
Offering price: $7,850,000
Listing Contacts
Listed by Max J. Derbes Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$283,578.00
$23,631.50/mo
Valuation Metrics
0
DSCR
3.61%
Cap Rate
3.61%
ROI
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