Office•Medical•For Sale

Ochsner Medical Clinic

5960 Bullard Avenue, New Orleans, Louisiana 70128

Sale Price $8,240,000 ($871.59 /SqFt)
Sale Type Investment
Sale Condition NNN Investment
Tenant Yes
Bldg Type Single-Tenant
Class A
Status Existing
Year Built 2019
Stories 1
Cap Rate 6.25%
RBA 9,454 SqFt
Land Area 1.34 Acres
Market New Orleans/Metairie/Kenner
Parcel# 51001031
Stirling Properties is pleased to offer for sale a long term fee simple (land and building) Ochsner Medical Office building in New Orleans Louisiana. This facility is currently under construction with an anticipated completion date of January 2020. The Premises will be delivered to Ochsner immediately following completion at which point rent will commence. Landlord will maintain responsibility for roof and structure. AREA: The New Orleans MSA is the largest in Louisiana with a population of approximately 1.27 million people. Greater New Orleans is home to one of the busiest ports in the world with more than $290 million in capital infrastructure and increased capacity underway. New Orleans also has connections to all 6 Class One Railroads making shipping to anywhere in the US. possible by rail. This area continues to breed new opportunity with low cost of living and incentives for new businesses.
1/20/2020 12:00:00 AM 1/20/2020 7:40:49 PM

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