Listed by SRSA Commercial Real Estate
$1,315,000
3225 Danny Parkway Building
Details
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 9,276
Net Rentable (SqFt) 9,276
Cap Rate 8.71%
NOI $114,575
Occupancy 61%
Price per SqFt $142
Broker Co-Op Yes
Class B
Buildings 1
Stories 2
Lot Size (SqFt) 11,544
Zoning C-1
Investment Type Value Add
Occupancy Date 11/13/2025
Office | 8.71% CAP | 9,276 SqFt
Marketing description
Hard to find small office building in the heart of Metairie. Building has been well maintained. Has space available for an owner /user. Great location for medical or other professional uses. Close to East Jefferson Hospital (LCMC) and the new Ochsner Medical clinic at Clearview Shopping Center. Just one block off of Veterans Blvd. - many retail amenities in the immediate area.
Investment highlights
Great anchor tenant on the ground floor - the ENT of New Orleans Group. Selling at an 8.7% cap rate. No deferred maintenance.
Listing Contacts
Listed by SRSA Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$114,575.00
$9,547.92/mo
Valuation Metrics
0
DSCR
8.71%
Cap Rate
8.71%
ROI
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