More about 4480 GENERAL DEGAULLE Drive, New Orleans, LA 70131
This office building is right on the main street w high volume of cars passing by every day. At this time, the bldg is 85% occupied, with a few suites left. If fully occupied, the total rent will be 36k. The bldg was redone after Isaac hurricane (2012) w stucco, new roof, epoxy. 2 new air conditioning compressors. The air cond/heating system is working but will need some updates. Plenty of parking in rear. Cap rate w/o management fee is 8.8%. Listing agent has 51% interest in the LLC which owns the bldg.