8228 Oak St - Office FOR SALE


New Orleans, LA 70118
$1,175,000 USD
504-301-1002
8228 Oak St, New Orleans, LA for Sale
$1,175,000 USD
Office - FOR SALE
1/17
null | 6.89% Cap Rate

8228 Oak St
New Orleans, LA 70118


OVERVIEW

8228 Oak Street presents an exceptional opportunity to own a well-maintained, income-producing commercial property in a vibrant New Orleans location. This two-story building boasts ample off-street parking and a desirable spot on bustling Oak Street. The ground floor is leased on a favorable NNN basis to Primo Hoagies, a nationally recognized sandwich franchise. The upstairs unit is occupied on a month-to-month basis by a therapy office/studio apartment and could be owner/operated or leased out on a long term basis. The property is move-in ready for any investor seeking strong rental income. Owner-occupiers will also appreciate the convenient location and established tenants. The property thrives in a popular commercial district. Neighbors include Zotz Cafe, Oak Street Brewery, Jacques-Imo’s, Maple Leaf Bar, Breads on Oak, and many more.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$332 USD /SF

CAP RATE

6.89%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Oak Street Modern Retail

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

HU-MU

APN/PARCEL ID

7-16-1-106-02

ASK ABOUT THIS PROPERTY

Ben Jacobsonben + burkaMore Info
504-301-1002

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Ben Jacobsonben + burkaMore Info
504-301-1002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.