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Browse More Listings in Shopping Center For Sale, Mandeville, LA or Louisiana

Shopping Center For Sale - In Contract

Causeway Place Center

1703 N Causeway Blvd, Mandeville, LA 70448

Price:
$2,250,000
Gross Leasable Area:
16,894 SF
Price/SF:
$133.18
Property Type:
Shopping Center
Property Sub-type:
Strip Center
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
9.30%
Occupancy:
100%
Tenancy:
Multiple
Lot Size:
1.20 AC
Find Out More...

Last Verified 10/19/2009 Listing ID 16208275

Description

9.3% cap rate. Causeway Place Center, 17,094 total sq ft, 16,894 leased with 200 sq ft for storage. 8 long term tenants including longest lease tenant the Department of Motor Vehicles. Recently renovated with new roof and paved parking lot. 1.2 acres. Confidential sale.

Prime location on N. Causeway Blvd near hwy 190 and Hwy 22 with easy ingress and egress and with high visibilty. Confidential sale

Financial Summary

Actual
Net Operating Income
$203,510

Map of 1703 N Causeway Blvd, Mandeville, LA 70448 (Saint Tammany County)

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Presented by

Prudential Gardner Realtors

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Contact Listing Broker

Glenda Liuzza (504) 919-1403

Bryan Pigeon (985) 789-1816

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Created 4/25/2009

Additional Information for 1703 N Causeway Boulevard, Mandeville, LA 70471

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Shopping Center Property For Sale - Causeway Place Center

1703 N Causeway Blvd, Mandeville, LA, 70448