Property profile

5740 Citrus Blvd New Orleans, LA 70123

OFF-MARKET
Office Spaces
28,800 SF
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Property summary

AI-generated overview

This exceptional Elmwood office property, located in Jefferson Parish, offers multiple suite options within a Class B, two-story building totaling 28,800 square feet. Currently, 2,906 square feet are available for lease, distributed across three distinct suites. Suite 102 boasts 8 offices, a clerical area, two bathrooms, and a kitchen. Suite 103 features a private office, reception area, conference room, kitchen, bathroom, and open workspace. Finally, Suite 106 includes a reception area, five offices, a conference room, kitchen, and three bathrooms. Suite sizes range from 1,299 to 2,906 square feet, providing flexibility for various business needs. The property is zoned MU-2, allowing for a range of commercial uses. Tenants are responsible for janitorial services and electricity. A unique benefit is the opportunity to install signage on the pylon sign located on Citrus Boulevard, enhancing visibility and brand recognition. This presents a fantastic opportunity for businesses seeking well-appointed office space in a convenient location. The building is a traditional office structure, offering a classic and functional workspace. Inquire today to secure your ideal office suite.

Property profile

Verified
Property type Office Spaces
Total area 28,800 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic

Location

5740 Citrus Blvd New Orleans, LA 70123
New Orleans metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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