Multi-Tenant Office
For Sale
$1,800,000
1381 Corporate Square Boulevard, Slidell, LA 70458
Multiple suite sizes provide varied office configurations within the building.
Property Size12,600 SF
Price / SF$142.86
Days on Market12
Property Features for 1381 Corporate Square Boulevard
General Information
Standard status
Active
Size
12,600 SF
Property subtype
Commercial
Zoning
C-4
Additional Details
Property Use
Office
Building Details
Building Size
12,600 SF
Year Built
1982
Buildings
1
Construction
steel frame
Tenancy
Multi
Listing Agency:
Cypress Key Realty LLC
Listed By:
Christopher Romero
(504) 250-4848
Source:
Cypresskeyrealty
Added: Oct 14
Changed: Oct 23
Last Checked: Oct 23 at 5:22PM
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 Cypress Key Realty LLC
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Investment Insights
Based on property information with market context.
This 12,600 SF office property was built in 1982 and features steel-frame construction. Multiple suites of varying sizes create a multi-tenant layout, with parking serving the building. The property is zoned C-4.
Located at 1381 Corporate Square Boulevard in Slidell, the building sits within the Corporate Square development, just off Gause Boulevard.
Located at 1381 Corporate Square Boulevard in Slidell, the building sits within the Corporate Square development, just off Gause Boulevard.
Key Highlights
- 12,600 SF office building
- Multiple suites of varying sizes
- Steel‑frame construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,975
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,859,500
$2.9M
Cap Rate 7%
$2,042,500
$2.0M
Cap Rate 9%
$1,588,611
$1.6M
Market Conditions
NOI Build-Up for 12,600 SF
Gross rent
$246.5K $19.56/SF
− Vacancy
−$55.8K −$4.43/SF
EGI
$190.6K $15.13/SF
− OpEx
−$47.7K −$3.78/SF
NOI
$143.0K $11.35/SF
Area
St. Tammany County, LA
Vacancy
22.65%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,859,500
Cap Rate 7%
$2,042,500
Cap Rate 9%
$1,588,611
Alternative Uses
Best Use
Office B
$2.04M
$1.79M – $2.38M
NOI $142,975 @ 7.0% cap · market cap 7.94%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$135.83M
$118.85M – $158.47M
NOI $9,508,061 @ 7.0% cap · market cap 528.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
Explore this area
Business Placement
Demographics for 70458, LA
37,798
Population
17,026
Households
2.2
Avg Household Size
42
Median Age
31%
College-Educated
92%
High-School Grad
20.9 sq mi
ZIP Area
1,809
Density / Sq Mi
$69,816
Median Household Income
$44,368
Median Earnings
$1,400
Median Rent
$227,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Multiple suite sizes provide varied office configurations within the building.
Where is this office building located?
The property is located at 1381 Corporate Square Boulevard Slidell, LA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 12,600 SF office building; Multiple suites of varying sizes; Steel‑frame construction
