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    FOR LEASE
    Office buildings

    601 Poydras St, New Orleans, LA 70130

    1,009,605 SF 1.5 ac lot Built 1980
    Entity Owned 14-yr Hold Absentee Owner Free & Clear
    Property ID
    US36-0117175
    Property summary
    AI-generated overview

    The Pan-American Life Center, a 28-story Class A office building in New Orleans' Central Business District, offers a prestigious address and flexible workspace. This granite-clad tower, renovated in 2021, boasts 672,742 square feet of total space, with 155,330 square feet currently vacant. Units range from 1,273 to 38,160 contiguous square feet, catering to diverse tenant needs. Located at 601 Poydras St, New Orleans, LA 70130, this iconic building is situated along the Poydras Corridor, just blocks from the French Quarter and Warehouse District. Its convenient location offers easy access to major office buildings, government offices, and courthouses. The building features 795 parking spaces within an eight-story structure, elevators, and efficient floor plates. The property is zoned CBD-1 in Orleans Parish and sits on a 1.38-acre lot. Its modern amenities and prime location make it an attractive option for both local and national tenants seeking a high-profile presence in the heart of New Orleans. The building's multiple tenancy structure allows for a variety of lease options. This is a truly exceptional opportunity to secure office space in one of New Orleans' most sought-after locations.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1980
    Total area 1,009,605 SF
    Lot 1.5 ac (65,322 SF)
    APN 104101215
    UPID US36-0117175
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Halliburton Gas Company
    • Van Meter Debbie A Law Firm Insurance Agency
    • Guarisco, Cordes & Lala LLC Law Firm
    • Victoria M. DeLisle Law Firm
    • Shuart & Associates Employment Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $16.58M
    Owner & transaction history
    Chase Home Finance LLC Be · 14 yrs held
    Chase Home Finance LLC Be
    since 2011
    5 recorded transactions
    2019
    2019
    2011
    $70,000
    2010
    $60.9M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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