Retail    

Cox Communications

 New Orleans, LA

Asking Price

$5,591,400

Cap Rate

9.00%

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Year Built

2006

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Building Size

14,848 SF

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Lot Size

1.37 AC

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Prime

New Orleans Location

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Recent Renovations

& Enhancements

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • High Cap Rate (9.0%+), Hands-Free Lease with Leading National Tenant
  • Cox Keeps Renewing | Cox just Exercised Their Last 5-Year Option - No Options Left!
  • Building Built For Cox | 15+ Year Operating History – Only Tenant Since Inception, 2006
  • Cox Keeps Spending Money at the Property | New Enhancements and Building Renovation 
  • Impressive Financial Credit Security to Lease | Cox is One of the Largest Privately Owned Firms in the Country Dominating Multiple Sectors of Industry
  • Superior Location for Use | Outstanding Visibility & Access with High VPD on Elysian Fields Avenue 

Exclusively Listed By

BJ Feller

Senior Vice President & Managing Director
  bfeller@northmarq.com   

Christian Tremblay

Vice President
  ctremblay@northmarq.com   

Blaise Bennett

Associate Vice President
  bbennett@northmarq.com   

Mark Lovering

Associate Vice President
  mlovering@northmarq.com   

Jack Collins

Senior Associate
  jcollins@northmarq.com   

Josh Dicker

Senior Analyst
  jdicker@northmarq.com   

Nick O’Brien

Senior Analyst
  nobrien@northmarq.com   

Russell Freeman

Analyst
  rfreeman@northmarq.com   

In Association With
Jeff Matulis

LA # BROK0995697340-ASA

Northmarq

303 E Wacker Dr | Suite 1111
Chicago, Illinois 60601


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