Professional office and medical buildings available for sale and for lease in Mandeville, Louisiana and situated on 1.68 acres +/-. Subject Property consists of two (2) office buildings having a total Gross Building Area (GBA) of 18,191 SF and a Net Rentable Area (NRA) of 16,613 SF. Greyfern 1, is 4,670 SF and divided into three (3) suites, sharing a common area lavatory. Greyfern 2, is 13,521 SF and divided into ten (10) suites, each with private lavatories. Greyfern consists of Class A medical office/general office amenities. The Subject Property was constructed in 1985 and the buildings are in good condition. Current occupancy is approximately 80%.

Great investment property located on the Northshore, north of New Orleans, Louisiana and east of Baton Rouge, Louisiana. Investment property with potential to increase rents over time, maximizing investor's cash flow.

Location Description:

Located at the entrance to Greenleaves Subdivision, less than five (5) minutes south of Interstate 12 (I-12) off of Hwy. 190 in Mandeville, LA. Subject property is approximately thirty (30) minutes from New Orleans and approximately one (1) hour from Baton Rouge.

Highlights:

>> Medical Office / General Office Investment Property

>> 80% Occupied w/ Average and Below Market Rents

>> Close Proximity to I-10, New Orleans and Baton Rouge

>> Recently Renovated Common Area / Pavilion

>> Tenants Reimburse Landlord for Utilities/Trash/Janitorial

* Email for additional photos

** This property also has spaces available for lease.

Sales Info:

>> Commision split: 3.0%