747 Magazine Street, Unit 5

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747 Magazine Street, Unit 5

New Orleans, LA 70130
Asking Price
$1.10M
Asset Type
Executive Office Office
Class
Class B

What's Special

Office | 2,500 SqFt <ul><li>​Unique Magazine Street presence with pronounced architectural character</li><li>​Flexible floor plan accommodates multiple tenant configurations</li><li>​Shared Private enclosed Parking with Three (3) Reserved Spaces</li><li>​High-end interior finishes allow for turnkey occupancy</li><li>​High ceilings accentuate interior space and comfort</li><li>​Proven location for professional and creative office uses</li><li>​Current use as Art Gallery; George Rodrique Foundation of the Arts</li><l

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

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