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1800 Ryan St Lake Charles, LA 70601

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For Sale
Contact for pricing

Prime Office Space, High Occupancy

Property size:
15,000 SF

Property Features for 1800 Ryan St

General Information

Property type
Medical offices
Square Feet
15,000 SF
Lot Size
5,488,560 SF

Building Details

Year Built/Renovated
1980/2020
Buildings
1
Stories
1
Units
6

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Listing Contact
Mary Kay Hopkins

Listing Agency: Mary Kay Hopkins, LLC Listing Agent: Mary Kay Hopkins

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 15,000 square foot office building in Lake Charles, LA, presents a compelling investment opportunity. Boasting a 4.81% cap rate and 84% occupancy (with full occupancy projected by October 29, 2024), this multi-tenant property features six suites, five of which are currently leased. The building, constructed in 1980 and renovated in 2020, offers 13,875 rentable square feet across one story, situated on a spacious 1.26-acre lot with ample parking (65 spaces). Its prime location between I-10 and I-210 provides easy access to major thoroughfares, government offices, the financial district, shopping, dining, and the Christus Ochsner Hospital. The property's durable brick and stucco construction ensures lasting value. The building is zoned for business use and includes multiple bathrooms and kitchens. Lease terms vary from one to three years, with rent increases based on changes in taxes and insurance. The current Net Operating Income (NOI) is $80,514. This is an owner/user investment opportunity with potential for significant return. The available suite offers approximately 3,411 square feet and can be utilized by the owner or leased individually. Financial details, including a 2023 Profit & Loss statement and rent roll, are available upon request. This property represents a strong investment in a thriving Lake Charles location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Waterworx, LLC Rainbow ... Department Store Braud Jason J ... Physician Dr. Adam D. ... Physician Dr. Donald L. ... Physician Dr. Michael D. ... Physician

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lake Charles
County
Calcasieu Parish
State
Louisiana
Longitude
-93.219111125928
Latitude
30.21498481502

FAQs

What type of property is this?
Medical office - Prime Office Space, High Occupancy
Where is this medical office located?
The property is located at 1800 Ryan St Lake Charles, LA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: $1,675,000 asking price for a 15,000 square foot office building in Lake Charles, LA.; Multi-tenant property with five of six suites currently leased (84% occupancy), generating a $80,514 NOI and a 4.81% cap rate.; 13,875 square feet of net rentable space in a single-story building on a 1.26-acre lot with 65 parking spaces.
(337) 439-1079 Call to check price and availability
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