8228 Oak St New Orleans, LA 70118
New Orleans QSR & Office, High NOI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- $1,175,000 asking price for a 3,540 SF net-leased retail property in New Orleans, LA.
- Multi-tenant property (2 units) with 100% occupancy and a 6.89% cap rate.
- NNN lease structure with $81,000 annual NOI.
- Features two buildings on a 4,315 SF lot with 3 parking spaces.
- Property includes a ground floor QSR/Fast Food tenant (Primo Hoagies) and an upstairs office/studio apartment, renovated in 2023.
- Located on Oak Street in New Orleans, near popular restaurants and businesses.
Property Details for 8228 Oak St
- Property type
- Retail properties, Restaurants
- Square Feet
- 3,540 SF
- Class
- B
- Year Built/Renovated
- 1960/2023
- Buildings
- 2
- Stories
- 2
- Units
- 2
Location Insight
- City
- New Orleans
- County
- Orleans Parish
- State
- Louisiana
- Latitude
- 29.948471823909
- Longitude
- -90.131126034761
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - New Orleans QSR & Office, High NOI
- Where is the retail property located?
- The property is located at 8228 Oak St New Orleans, LA.
- What is the asking price?
- The asking price for this property is $1,175,000.
- What are key features of this property?
- This property features: $1,175,000 asking price for a 3,540 SF net-leased retail property in New Orleans, LA.; Multi-tenant property (2 units) with 100% occupancy and a 6.89% cap rate.; NNN lease structure with $81,000 annual NOI.
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