Multi-Tenant Office
For Sale
$1,800,000
1381 Corporate Square Dr, Slidell, LA 70458
Multiple suites accommodate professional and medical office tenants.
Property Size12,600 SF
Price / SF$142.86
Days on Market15
Property Features for 1381 Corporate Square Dr
General Information
Standard status
Active
Size
12,600 SF
Property subtype
Retail
Zoning
C-4
Building Details
Buildings
1
Building Size
12,600 SF
Construction
steel frame
Tenancy
Multi
Listing Agency:
Century 21 J Carter & Company
Listed By:
Spencer Rossie · License #995705482
(504) 810-2825
Source:
Lacdb.resimplifi
Added: Oct 15
Changed: Oct 26
Last Checked: Oct 28 at 4:49AM
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 Century 21 J Carter & Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 12,600-square-foot office property has a multi-tenant layout with suites in varying sizes, steel-frame construction, and parking. C-4 zoning is in place.
At 1381 Corporate Square Dr in Slidell, the building sits within the Corporate Square development, just off Gause Boulevard.
At 1381 Corporate Square Dr in Slidell, the building sits within the Corporate Square development, just off Gause Boulevard.
Key Highlights
- 12,600‑square‑foot multi‑tenant office building
- Suites offered in 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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,190
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
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Multiple suites accommodate professional and medical office tenants.
Where is this office building located?
The property is located at 1381 Corporate Square Dr 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‑square‑foot multi‑tenant office building; Suites offered in varying sizes; Steel‑frame construction
