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: 11/27/2017

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
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


Photograph of Listing Agent

Beezie Landry

Stirling Properties Covington/Corporate Covington, LA 70433-5093
Not a member of MCAR CIE
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