Office for Sale in New Orleans, LA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: New Orleans, LA 70115
  • Year built: 1980

Description

Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/3137 The offering consists of three third-floor medical office condominiums at 3525 Prytania Street in New Orleans, Louisiana, within the Touro Medical Office property in the Uptown/Garden District. The units are positioned directly across from Touro Infirmary in one of the city’s most established healthcare corridors, giving investors exposure to durable medical office demand supported by nearby hospital services, private practices, lab users, and a dense daytime population. Importantly, the sale is limited to Units 319, 320, and 321 rather than the entire building, creating an opportunity to acquire a targeted medical office condo assemblage within a larger institutional-quality medical office environment. The asset benefits from walkable access to the St. Charles corridor, strong connectivity through the broader New Orleans metro, and proximity to a wide range of medical and neighborhood amenities that support tenant retention and long-term relevance. Within the property, occupancy remains high and available space is limited relative to the overall building size, reinforcing the depth of demand for well-located medical office product in this submarket. The combined unit mix also offers flexibility for investors pursuing medical tenancy, owner-user disposition, or phased leasing strategies within a supply-constrained urban healthcare location. Investment Highlights: • Auction - May 18-20 | Starting Bid: $150,000 • A three-unit medical office condo offering on the 3rd floor, not the full building, for targeted exposure within an established healthcare property. • Partially leased to LabCorp, a high-credit national tenant, the property delivers $110,401 in annual income ($9,200.07/month) with built-in rent escalations and stable cash flow. • Directly across from Touro Infirmary in the Uptown/Garden District, one of New Orleans' most recognized medical co

Market Context

This office in New Orleans, LA is listed for sale. The building dates to 1980. It has been on the market for 68 days. Compare it against other office listings for sale in New Orleans, LA — <a href="/search/sale/office/louisiana/new-orleans">view the full market</a>.

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