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1540 W Causeway Approach 8,091 SF Retail Building Mandeville, LA 70471 $3,467,000 ($428.50/SF) 7.25% Cap Rate
Investment Highlights
- $3.88B net worth tenant
- Booming New Orleans suburb
- 2020 build-to-suit
- $145K average household income
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
8,091 SF
Building Class
B
Year Built
2020
Price
$3,467,000
Price Per SF
$428.50
Cap Rate
7.25%
NOI
$251,321
Tenancy
Single
Building Height
2 Stories
Building FAR
0.22
Lot Size
0.85 AC
Zoning
C - Commercial
Parking
34 Spaces (4.2 Spaces per 1,000 SF Leased)
Frontage
125’ on West Causeway Approach
Nearby Major Retailers
Property Taxes
| Parcel Number | 60557 | Improvements Assessment | $168,150 |
| Land Assessment | $0 | Total Assessment | $168,150 |
Property Taxes
Parcel Number
60557
Land Assessment
$0
Improvements Assessment
$168,150
Total Assessment
$168,150
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1540 W Causeway Approach
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