1009 Carnation St
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1009 Carnation St
3,900 SF Vacant Office Building Slidell, LA 70460 $354,900 ($91/SF) 10% Cap Rate
Investment Highlights
- Great Owner-User Opportunity!
Executive Summary
Don’t miss your chance to own an established commercial building with a 10% cap rate. This investment opportunity comprises seven offices, a common area hall, and two shared bathrooms. With two available suites, it presents an excellent commercial investment option for renting out, for owner use or for both. Suite A offers 765 sq. ft and features three smaller offices, a shared waiting area, and a kitchenette with a sink. Suites B to G are all 450 sq. ft each, with distinct floor plans already in place.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,900 SF
Building Class
B
Year Built
1985
Price
$354,900
Price Per SF
$91
Cap Rate
10%
NOI
$35,490
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,900 SF
Zoning
A-4
Parking
15 Spaces (3.85 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Central Heating
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 89029 | Improvements Assessment | $26,420 |
| Land Assessment | $2,263 | Total Assessment | $28,683 |
PROPERTY TAXES
Parcel Number
89029
Land Assessment
$2,263
Improvements Assessment
$26,420
Total Assessment
$28,683
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1009 Carnation St
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