Multi-Tenant Office
For Sale
Contact for pricing
Pending
800 N Causeway Blvd, Mandeville, LA 70448
92% occupied office building with about 5,000 sf available for additional tenants.
Property SizeContact for details
Days on Market136
Property Features for 800 N Causeway Blvd
General Information
Standard status
Pending
Property subtype
Office, Mixed Use
Occupancy
92%
Building Details
Tenancy
Multi
Listing Agency:
NOLA Living Realty - Northshore
Listed By:
Bryan D Pigeon · License #LA 16835
Source:
Crexi
Added: Apr 11
Changed: Aug 24
Last Checked: Aug 23 at 6:37PM
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 NOLA Living Realty - Northshore
Investment Insights
Based on property information with market context.
This multi-tenant office building is reported as 92% occupied, with 8 national and local tenants in place. Approximately 5,000 sf remains available for a user or additional tenants, and the property was updated as of January 22, 2021.
The seller is offering owner financing with new terms: financing of $4,875,000.00, a $1,625,000.00 down payment, and an interest rate of 4.5% amortized over 30 years with a 36-month payoff. Reported actual income is $318,000 annually, with the addition of 6 new tenants. A vacant-space proforma also notes 8,700 sf available generating $121,800 annually, for total annual income of $439,800.
The address is 800 N Causeway Blvd, Mandeville, LA 70448.
The seller is offering owner financing with new terms: financing of $4,875,000.00, a $1,625,000.00 down payment, and an interest rate of 4.5% amortized over 30 years with a 36-month payoff. Reported actual income is $318,000 annually, with the addition of 6 new tenants. A vacant-space proforma also notes 8,700 sf available generating $121,800 annually, for total annual income of $439,800.
The address is 800 N Causeway Blvd, Mandeville, LA 70448.
Key Highlights
- 92% occupied office building with about 5,000 SF available for new tenants
- Income totals $439,800 annually, including actual income of $318,000 annually plus pro forma income on vacant space
- Pro forma vacancy income: 8,700 SF available for $121,800 annually
Property Analytics
Current Use
Lease Details
92%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
Explore this area
Business Placement
Demographics for 70448, LA
25,670
Population
10,372
Households
2.5
Avg Household Size
41
Median Age
45%
College-Educated
93%
High-School Grad
21.9 sq mi
ZIP Area
1,172
Density / Sq Mi
$88,929
Median Household Income
$50,824
Median Earnings
$1,415
Median Rent
$324,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 92% occupied office building with about 5,000 sf available for additional tenants.
Where is this office building located?
The property is located at 800 N Causeway Blvd Mandeville, LA.
What are key features of this property?
This property features: 92% occupied office building with about 5,000 SF available for new tenants; Income totals $439,800 annually, including actual income of $318,000 annually plus pro forma income on vacant space; Pro forma vacancy income: 8,700 SF available for $121,800 annually
