665 Behrman Hwy
Gretna, LA 70056
Octapharma Plasma · Office Property For Sale

*Rent is $167,160 ($10.50 psf) - there is also additional rent due over the next 2.5 years which has been amortized to present value. Infill Location with strong Average Household Income -Property sits just 5.5 miles from downtown New Orleans and with over 113,000 residents within a three-mile radius of the site. -The Average household income in a one, three, and five-mile radius is above the national average. The average household income in a one-mile radius is over $70,000 annually. Intrinsic Value of Real Estate - Easily Accessible Location at the Corner of a Signalized Intersection with Excellent Visibility and Multiple Access Points. -Property is strategically located at the signalized intersection of Behrman Highway (SR 428) and Carol Sue Ave. Behrman Highway is a major arterial road that helps to connect parts of the southern New Orleans MSA to downtown New Orleans. -Traffic counts on Behrman highway exceed 32,000 vehicles per day providing excellent visibility to the site and greater likelihood of continued success. -The property is a large 2.06 acre parcel which has four separate ingress and/or egress points providing customers with easy and convenient access. -Close proximity to National Retailers, Residential Communities, and Schools such Walmart Supercenter, Chase Bank, Raising Caies, Wendy's, Ross, TJ Maxx, Petco, Walgreens, and many others. Proven Location -After two years at the subject Property, Tenant has demonstrated its success at this particular location by expressing its interest in foregoing their termination right in year 6 of this lease.* -Tenant is only paying $10.50psf in annual rent, thereby giving the Landlord future security were the Tenant to leave. “E-Commerce Proof” Investment Property -Highly desirable Medical Use property which is not susceptible to the “e-commerce effect” and unlikely to be significantly impacted in an economic downturn. -Many medical uses including blood plasma facilities require specialized build-outs. Octapharma Growing Medical Company -Tenant experienced net sales of over $510,000,000.00 in 2016, net sales have increased by $115,000,000.00+ between 2014 and 2016. Source: Octapharma Financial Statements.