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Front Building 1 & 2 3501 Behrman Pl 10,042 SF Office Building New Orleans, LA 70114 $1,572,000 ($156.54/SF)



Executive Summary
Owner Occupant in this medical / professional office complex. The front building is 2,417 SF and is leased to a dentist for 10 years. The rear building is 7,657 SF with the first floor leased for 3 yrs to a real estate firm and 5 yrs to a physician's office. The 2nd floor is available, ADA accessible via elevator, and has about 3,753 SF of office space, formerly an oral surgery office.
Ample parking is available in the attached parking lots with about 55 parking spots. Excellent visibility with directory signage near the street. Close to new office and retail developments. Convenient location just off General De Gaulle with easy access to the Westbank Expressway and the Crescent City Connection. An excellent investment for an Owner/User. Motivated seller.
**PLEASE NOTE THAT THIS INCLUDES FULL REVENUE FOR THE BUILDING AS 100% OCCUPIED. THE 2ND FLOOR RENTAL REVENUE OF $37,530 IS GUARANTEED BY SELLER FOR 1 YEAR.
Ample parking is available in the attached parking lots with about 55 parking spots. Excellent visibility with directory signage near the street. Close to new office and retail developments. Convenient location just off General De Gaulle with easy access to the Westbank Expressway and the Crescent City Connection. An excellent investment for an Owner/User. Motivated seller.
**PLEASE NOTE THAT THIS INCLUDES FULL REVENUE FOR THE BUILDING AS 100% OCCUPIED. THE 2ND FLOOR RENTAL REVENUE OF $37,530 IS GUARANTEED BY SELLER FOR 1 YEAR.
Property Facts
Sale Type
Owner User
Sale Condition
Deferred Maintenance
Property Type
Office
Property Subtype
Medical
Building Size
10,042 SF
Building Class
C
Year Built
1990
Price
$1,572,000
Price Per SF
$156.54
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,021 SF
Slab To Slab
11’
Building FAR
0.32
Lot Size
0.72 AC
Zoning
S-B2
Parking
55 Spaces (5.48 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5-13-6-144-08 | Improvements Assessment | $89,850 |
| Land Assessment | $15,660 | Total Assessment | $105,510 |
Property Taxes
Parcel Number
5-13-6-144-08
Land Assessment
$15,660
Improvements Assessment
$89,850
Total Assessment
$105,510
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Front Building 1 & 2 | 3501 Behrman Pl
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