6.6% Cap Rate -20.8% IRR | 8,655 SF Single Tenant Creative Office Investment Sale | 100% Occupied

Update!! 6.6% Cap Rate with Price Reduction

CBRE is pleased to present 1240 Camp Street, an ±8,655 SF office building with parking garage, situated in the historic, charming Lower Garden District of New Orleans. The space has been renovated far beyond market standards and offers finishes and amenities that are unparalleled in the market.

This office building is situated three blocks from the Central Business District and boasts a prominent Lower Garden District location at the corner of Camp Street and Thalia Street. Camp Street is a two-way thoroughfare with well-marked, lighted cross walks, a dedicated bike lane, and lushly landscaped grounds. This building sits among examples of quintessential traditional New Orleans residential architecture.

Please contact Bryce French at 504 427 2090 or via email bryce.french@cbre.com in regards to tenant financials and or rent roll information.

• Offering at 6.6% cap rate, 20.8% Levered IRR
• Existing Tenant in place through December 31, 2028 with 1 renewal option remaining through December 31, 2031
• Prime location situated in the Lower Garden District and within 3 blocks of the New Orleans Central Business District
• Building has frontage on both Thalia St and Camp Street with excellent visibility
• New renovated far beyond market standards, offering finishes and amenities that are unparalleled in the market