Multi-Tenant Office
200 Greenleaves Blvd Mandeville, LA 70448
200 Greenleaves Blvd, Mandeville, LA, 70448
Contact for pricing
For Sale
Contact for pricing
Multi-tenant office building with monument signage and ample off-street parking.
Property Size18,069 SF
Price / SF$127.29
Days on Market386
Property Features for 200 Greenleaves Blvd
General Information
- Standard status
- Active
- Size
- 18,069 SF
- Property subtype
- Office
Listing agency
Elifin Realty Baton Rouge
(800) 895-9329
Listed by
Fabian Edwards · License #LA
Source
Crexi
Added: Jul 1, 2025 Updated: Jul 21 at 5:42AM Checked: Jul 21 at 5:42AM
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 Elifin Realty Baton Rouge
Investment Insights
Based on property information with market context.
200 Greenleaves Blvd is a multi-tenant office property now available for sale or lease. The building is configured to maximize natural light and features a unique architectural layout. Monument signage is visible from the site, supporting exterior presence.
The property is located in Mandeville, LA near N Causeway Blvd and Hwy 190, with retail and dining amenities nearby. Ample off-street parking is available for tenants and visitors, supporting convenient access for occupants and guests. The property is currently 55% occupied.
The property is located in Mandeville, LA near N Causeway Blvd and Hwy 190, with retail and dining amenities nearby. Ample off-street parking is available for tenants and visitors, supporting convenient access for occupants and guests. The property is currently 55% occupied.
Key Highlights
- Multi‑tenant office property at 200 Greenleaves Blvd in Mandeville, LA
- Currently 55% occupied and available for sale or lease
- Visible monument signage on‑site
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $353.4k | $19.56 |
| − Vacancy | −$80.1k | −$4.43 |
| EGI | $273.4k | $15.13 |
| − OpEx | −$68.3k | −$3.78 |
| NOI | $205.0k | $11.35 |
18,069 SF · lease $19.56/SF/yr · vacancy 22.65% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.93M
$2.56M – $3.42M
NOI $205,033 @ 7.0% cap · market cap 8.91%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$194.79M
$170.44M – $227.25M
NOI $13,635,012 @ 7.0% cap · market cap 592.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mandeville Plastic Surgery
Medical Clinic
YPS Anesthesia
Medical Clinic
Waterman Donald PHD
Family Counselor
Jai Guru Massage
Alternative Medicine Practice
Greenleaves Master Association
Association / Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Multi-tenant office building with monument signage and ample off-street parking.
Where is this office building located?
The property is located at 200 Greenleaves Blvd Mandeville, LA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Multi‑tenant office property at 200 Greenleaves Blvd in Mandeville, LA; Currently 55% occupied and available for sale or lease; Visible monument signage on‑site
