- Photos
- 1 of 12
Health Club For Sale • 31,852 SF
| 31,552-Square-Foot, Multi-Tenant Retail Center: 93.64 Percent Occupancy |
| Priced Below Replacement Cost: $106.68 Per Square Foot |
| 10.07 Percent Year One CAP Rate | Achievable 11.20 Percent Year Three CAP Rate |
| Value-Add Opportunity: Increase Rents Via Built-In Renewal Options |
| Value-Add Opportunity:Lease the 2,007 Square Feet of Vacancy at $13.00+ Per Square Foot Plus Triple-Net Reimbursements |
| Value-Add Opportunity: Refinance at a Lower Interest Rate in the Future |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 17 min | - | 9.9 mi | |
| Airport | Drive | Walk | Distance |
| Louis Armstrong New Orleans International | 29 min | - | 20.0 mi |
