For Sale
$2,350,000

200 Greenleaves BlvdMandeville, LA 70448

Mandeville, LA medical office buildings, sale/lease.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents two single-story, free-standing Class B medical office buildings totaling 18,069 square feet situated on a 1.68-acre lot in Mandeville, Louisiana. The property, located at 200 Greenleaves Blvd, boasts a convenient location just off US Highway 190 and Greenleaves Boulevard. Built in 1990, the complex comprises 11 units across two buildings (13,430 sq ft and 4,639 sq ft), offering various suite sizes and multiple private entrances. The buildings feature ample parking with 57 spaces available. Currently, the occupancy rate is 55%, with 11,693 square feet of net rentable space. The asking price is $2,350,000, translating to $130.06 per square foot. The property is zoned HC-1 and offers a compelling opportunity for both sale and lease. The lease type is NNN, and the property is suitable for multi-tenant occupancy. This prime location and flexible options make it an ideal investment for healthcare professionals or businesses seeking a well-maintained, established medical office complex in a thriving Louisiana market. The property's APN is 1121405378.

Highlights

  • Two Class B medical office buildings totaling 18,069 square feet on a 1.68-acre lot in Mandeville, LA.
  • Convenient location off US Highway 190 and Greenleaves Boulevard.
  • Eleven suites with various sizes and multiple private entrances; ample parking (57 spaces).
  • 55% occupancy; 11,693 square feet of net rentable space available. Asking price: $2,350,000 ($130.06/SF).

Property Details for 200 Greenleaves Blvd

Property type
Office properties, Medical offices
Square Feet
18,069 SF
Class
B
Year Built
1990
Buildings
2
Stories
1
Lot Size (sq. ft)
73,181 SF
Units
11

Location Insight

City
Mandeville
County
St. Tammany Parish
State
Louisiana
Latitude
30.3775393
Longitude
-90.0753788
200 Greenleaves Blvd, Mandeville, Louisiana

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200 Greenleaves Blvd
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