4480 GENERAL DEGAULLE Drive, New Orleans, LA 70131 | New Orleans Home For Sale and Real Estate

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More about 4480 GENERAL DEGAULLE Drive, New Orleans, LA 70131

This office building is right on the main street w high volume of cars passing by every day. At this time, the bldg is about 80% occupied, w a few suites left. If fully occupied, the total rent will be >36k. The bldg was redone after Isaac hurricane (2012) w stucco, new roof, epoxy. 2 new air conditioning compressors. The air cond/heating system is working but will need some updates. Plenty of parking in rear. Cap rate w/o management fee is 7.9%. Listing agent has 51% interest in the LLC which owns the bldg

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Property Details
Price
$2,250,000
Sq.Ft
25960
Living Area Sq.Ft
25960
Total Sq.Ft
25960
County
Orleans
Property Type
Commercial
Year Rem/Ren/Built
2010
Approx Age
50
Stories
2 Story
Exterior
Stucco
Lot Description
1-5 Acres
Parking
Three or More, Lot
Acres
1.940


Living Area includes any square footage under the air conditioning. In these calculations, it is the gross house area, inclusive of walls. The Total Area will include porches, garages, balconies, etc..

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