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2121 N Causeway Blvd
Metairie, LA 70001
Asking Price
Contact for price
Asset Type
Office
Class
Class B
What's Special
2121 N Causeway Blvd, Metairie, LA 70001 <ul><li>94% occupied and leased to 18 tenants, providing in-place cash flow and a diversified rent roll</li><li>Many of the leases include annual rent increases, which have contributed to NOI growth</li><li>NNN lease structure helps reduce operating expense exposure for ownership</li><li>Strong leasing velocity in recent years</li><li>Professionally managed by SVN Urban Properties with numerous capital improvements in recent years</li><li>New owner will have the option to retain property m
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
