1707 Chantilly Dr Laplace, LA 70068

Listing agency Stirling Properties Baton Rouge Show Phone

Listed by Justin Langlois, CCIM, SIOR · License #LA 99562430

Source Crexi

Added: Apr 11 Updated: Jul 22 at 6:13AM Checked: Jul 22 at 6:13AM

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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.

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.

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FAQs

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.