2508, 2514 Tulane Ave & 519 S Rocheblave, New Orleans, LA, 70119

Highlights

• Three-property bundle with ±9% Cap Rate
• Two income-producing buildings at 2508 / 2514 Tulane Ave
• Vacant lot at 519 S. Rocheblave St., previously used for parking rental
• 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
• Re-development potential across all three lots

Description

Three-property bundle for sale with about a 9% Cap Rate. Two buildings, 2508 / 2514 Tulane Ave, and a vacant lot at 519 S. Rocheblave St. Both buildings are income-producing with office, retail, and multi-family tenants. The vacant lot has previously been used as parking rental. This property is directly across from the new Trader Joe’s facility and close to the Department of Veterans Affairs medical facility. University Medical Center is just down the street. The income will help pay for the property while waiting for re-development. The three lots combined offer many re-development options. Property zoned MU-2 High Intensity Mixed-Use District.

Contact agents for more information or viewing.

Located on Tulane just across new Trader Joes

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