Investment Overview
Income producing building for sale with about a Cap Rate of 7.99 percent across the street from new Trader Joe's facility and in area of Department of Veteran of Affairs Medical Center on Tulane Ave. Building with retail on bottom floor and multifamily on second floor. Property zoned MU-2 High Intensity Mixed-Use District. Possibility of also purchasing a vacant lot behind the property.
Contact agent for viewing.
Investment Highlights
- Income property with ±7.99% Cap Rate
- Office, retail, and multi-family tenants
- Directly across from new Trader Joe’s facility
- Close to Department of Veterans Affairs medical facility
- University Medical Center just down the street
- MU-2 High Intensity Mixed-Use zoning