GSA Leased Investment Deal

Investment Summary: Address: 4227-4471 Poche Ct West New Orleans, LA Year built: 1978 Warehouse Buildings 1983 Office Building/substantially renovated in 2022 Gross Building Area: 116,882 SF GSA Leased Suite: 38,000 SF Vacant Suites: Warehouse A: 5,382 SF Warehouse B: 18,000 SF Warehouse C: 25,000 SF Office Building: 28,000 SF Maintenance Warehouse: 2,500 SF Land Area: 11.43 acres Lease Structure: GSA – Gross Lease, Tenant pays operating costs ($4.31/SF) (excluding taxes and insurance) Offering price: $7,850,000