Single Tenant Ochsner Clinic

Office for Sale
Catylist Listing ID: 30162997
Property Subtypes: Medical
Building Size (RSF): 26,856 SF
Gross Building Area: See Agent
Gross Land Area: 3.99 Acres
Sale Price: $5,570,133
Unit Price: $207.41 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Ochsner Clinic
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 6.75%
Average Occupancy Rate: 100
Last Updated: 9/22/2017

Overview / Comments

Stirling Properties is pleased to offer for sale the fee simple interest in a single tenant Ochsner Health System building located in Slidell, Louisiana. Slidell is located in Southeast Louisiana just outside New Orleans. This building was a build-to-suit for Ochsner that opened in 1999 with Ochsner operating under a 20 year primary term lease. in 2016, Ochsner agreed to extend the lease for a period of 10 years leaving approximately 9 years of remaining lease term.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Tax ID/APN: 176580
Zoning: HC-2 HIGHWAY COMMERCIAL
Year Built: 1999
Total Parking Spaces: 187

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,958 38,800 69,407
Median Age: 38.47 39.03 38.24
Households: 3,159 13,993 25,541

Contact

Photograph of Listing Agent

Beezie Landry

Stirling Properties Covington/Corporate Covington, LA 70433-5093
Not a member of MCAR CIE
© Copyright Louisiana Commercial Database, LLC. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.