Office for Sale in Slidell, LA
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Slidell, LA 70458
- Year built: 2022
Description
• Long Term Lease with Multiple Options to Renew - 6 Years Remaining on Initial 10 Year Term with (3) 5 Year Options • 2022 Construction Offered Below Replacement Cost - $406 PPSF | Property Kept in Immaculate Condition • Well Positioned with Frontage on Main Thoroughfare - Excellent Visibility with Access at Lighted Intersection • Strategically Located within Market - Multiple Schools in Immediate Vicinity of Property • Located in Highly Concentrated Medical Corridor - Outparcel to Sterling Surgical Hospital • Low Expiring Rent/Sf Provides Safety for Investor - $30/SF Rental Rate at Expiration of Current Term in 2032 • Large Footprint is Adaptive for Multiple Medical Uses - 6,161 SF Building with Covered Drop Off and Ample Parking • Consistently Growing Population in 3,5- and 10-Mile Radius - Population Growth Projected to continue Through 2030 • Significant Industry in Submarket and Surrounding Markets - Home to The Greenbrier Companies, NuCore, Lockheed Martin and more including John C. Stennis Space Center Investment Highlights: • • Long Term Lease with Multiple Options to Renew - 6 Years Remaining on Initial 10 Year Term with (3) 5 Year Options • • 2022 Construction Offered Below Replacement Cost - $406 PPSF | Property Kept in Immaculate Condition • • Well Positioned with Frontage on Main Thoroughfare - Excellent Visibility with Access at Lighted Intersection • • Strategically Located within Market - Multiple Schools in Immediate Vicinity of Property • • Located in Highly Concentrated Medical Corridor - Outparcel to Sterling Surgical Hospital • • Low Expiring Rent/Sf Provides Safety for Investor - $30/SF Rental Rate at Expiration of Current Term in 2032 • • Large Footprint is Adaptive for Multiple Medical Uses - 6,161 SF Building with Covered Drop Off and Ample Parking
Market Context
This office in Slidell, LA is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing office assets. The building dates to 2022. It has been on the market for 67 days. Compare it against other office listings for sale in Slidell, LA — <a href="/search/sale/office/louisiana/slidell">view the full market</a>.
Contact
- Christopher Biuso · (407) 557-3841 · christopher.biuso@marcusmillichap.com
- Spencer Koch · (407) 557-3848 · spencer.koch@marcusmillichap.com
- Fort Carden · (407) 557-3838 · peter.carden@marcusmillichap.com
- Garrett Fierstein · (407) 557-3862 · garrett.fierstein@marcusmillichap.com
Explore this market
Similar Office for Sale in Slidell, LA
- Office Building with Tenant — $225K · Baton Rouge, LA · 2,100 SF
- Former Bank Branch on Thibodaux Corner — $335K · Thibodaux, LA · 2,720 SF
- 3801 Bienville — Contact for price · New Orleans, LA · 65,310 SF
- Crowley, La - Crowley Main Office — Contact for price · Crowley, LA
- US Postal Service — Contact for price · Baton Rouge, LA
- Bogalusa - Main Office — Contact for price · Bogalusa, LA