Multi-Tenant Office Net-Net
For Sale
Contact for pricing
1707 Chantilly Dr, Laplace, LA 70068
Multi-tenant office building with NN lease structure including reimbursements for property taxes and common area maintenance.
Property SizeContact for details
Days on Market134
Property Features for 1707 Chantilly Dr
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
Stirling Properties Baton Rouge
(225) 445-6434
Listed By:
Justin Langlois, CCIM, SIOR · License #LA 99562430
Source:
Crexi
Added: Apr 11
Changed: Aug 16
Last Checked: Aug 14 at 7:51AM
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 Stirling Properties Baton Rouge
Investment Insights
Based on property information with market context.
This Net-Net (NN) multi-tenant office building is offered as a sale/leaseback opportunity with long-term leases in place. The building is positioned within a professional office park and features Class A office amenities. Roof replacement was completed in 2022, and the roof warranty is transferrable to the new owner. Exterior maintenance was recently completed, including pressure washing and fresh landscaping.
The NN lease structure includes tenant reimbursements for property taxes and common area maintenance and repairs, while the new owner will be responsible for annual property insurance. Two of the three tenants currently own the office building and will lease back the property for a three-year term commencing at the act of sale.
The property is maintained in excellent condition and is designed to provide an investor control over major expenses through the NN reimbursement structure.
The NN lease structure includes tenant reimbursements for property taxes and common area maintenance and repairs, while the new owner will be responsible for annual property insurance. Two of the three tenants currently own the office building and will lease back the property for a three-year term commencing at the act of sale.
The property is maintained in excellent condition and is designed to provide an investor control over major expenses through the NN reimbursement structure.
Key Highlights
- Net Net (NN) multi‑tenant office building in Laplace, LA with tenant reimbursements for property taxes and common area maintenance/repairs.
- Sale/leaseback structure with long‑term leases; two of three tenants will lease back the building for three years starting at the Act of Sale.
- Class A office amenities and located in a professional office park.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
Explore this area
Business Placement
Demographics for 70068, LA
33,213
Population
13,379
Households
2.5
Avg Household Size
38
Median Age
19%
College-Educated
89%
High-School Grad
49.3 sq mi
ZIP Area
674
Density / Sq Mi
$69,334
Median Household Income
$39,585
Median Earnings
$1,117
Median Rent
$191,400
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office building with NN lease structure including reimbursements for property taxes and common area maintenance.
Where is this office building located?
The property is located at 1707 Chantilly Dr Laplace, LA.
What are key features of this property?
This property features: Net Net (NN) multi‑tenant office building in Laplace, LA with tenant reimbursements for property taxes and common area maintenance/repairs.; Sale/leaseback structure with long‑term leases; two of three tenants will lease back the building for three years starting at the Act of Sale.; Class A office amenities and located in a professional office park.
