Building Details

Year Built 2012

Listing Agency: The McEnery Company

Listed By: Scott Weston

Source: Dominionplace

Added: Mar 27 Changed: Sep 8 Last Checked: Sep 8 at 7:50AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The McEnery Company

Investment Insights

Based on property information with market context.

This commercial real estate offers office space suitable for a single tenant. The property provides a total area of 3,863 square feet.

Key Highlights

• Single tenant
• Office use
• 3,863 SqFt of space

Property Analytics

Property Profile

Current Use

Good Work Marketing Marketing & Advertising First Class Studios ... Recording Studio Law Office of Sam ... Law Firm

Suggested Use

Top Pick Dental Office Parking Lot & Garage Nail Salon Big Box & Wholesale Store HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.09 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,472

Businesses Nearby

Explore this area Business Placement

Demographics for 70118, LA

35,635

Population

15,464

Households

2.3

Avg Household Size

31

Median Age

54%

College-Educated

92%

High-School Grad

4.6 sq mi

ZIP Area

7,747

Density / Sq Mi

$62,665

Median Household Income

$28,199

Median Earnings

$1,257

Median Rent

$451,600

Median Home Value

Market

Lease Benchmarks for New Orleans, LA

$21.78 /SF/Yr

Avg Asking Price

$2.37–$117 /SF/Yr

Price Range

15,116 SF

Avg Space Size

This space is priced 36% below the average of $21.78 /SF/Yr.

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019

9.7% 2020

11.3% 2021

10.2% 2022

10.9% 2023

11.6% 2024

9.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space available for single tenant occupancy.

Where is this office units located?

The property is located at 8120 Oak St New Orleans, LA.

What is the lease rate?

The lease rate is $4,200/Mo.

What are key features of this property?

This property features: Single tenant; Office use; 3,863 SqFt of space