BEAU CHÊNE OFFICE PARK II

Transcription

1 BEAU CHÊNE OFFICE PARK II FOR SALE 102 Fontainbleau Drive Mandeville, LA PREPARED FOR: Listing Sites PREPARED BY: Coldwell Banker Commercial TEC, REALTORS Independently Owned & Operated Mark E. Inman, JD, CCIM, CPM x 203 minman1@cbcworldwide.com Common Street, Suite 2750, New Orleans, LA 70112

2 THE PROPERTY Beau Chêne Office Park II 102 Fontainbleau Drive Mandeville, LA PROPERTY DETAILS Own your office building in this premiere condo development with six buildings that range from 4,000 5,600 SF. Buildings may be combined for a larger square footage up to 12,500 SF (Buildings A&B) or up to 8,000 SF (Buildings C&D) for a single-user building. Each building is built with a roof truss system, allowing each user to provide either an open office environment or the more traditional office layout with flexibility for future office modifications. RITTER MAHER Architects and Meridien Development are constructing each building to suit the present needs of its owner or occupant. This 2.6 acre site has direct access to over 1,500 households in Beau Chêne Subdivision and over 33,000 households within 15 minutes of the development. Furthermore, Beau Chêne CC initiation fees waived for anyone purchasing a building or signing a lease equal to longer than 10 years. PROPERTY SPECIFICATIONS PRICE Property Type: Office Sales Price / SF: Starting at $195 PSF Class: A Condo Fees: $2.50 / SF / Year Building Sizes: 2,000 12,500 SF Base Lease Rate: $25.00 PSF / Year NNN Land: 2.6 Acres Number of Stories: 1 Year Built: Under Construction Total Building Size: 26,100 SF Total Parking Spots: 88 LOCATION INFORMATION Cross Street: US Hwy 190 Frontage Rd Located: NW Corner Subdivision Beau Chêne Subdivision Zoning: NC-4 Submarket New Orleans Parish St. Tammany Highway 190 visibility with easy North or South access to Highway 190 from Fairway / Judge Tanner Drive. Highway 22 West is also easily accessed from Frontage Road. PROPERTY DETAILS Time to Construct: Services Included: Restrictions on Use: Existing Shell 4-6 Months New Building 9-12 Months Sewer, water, refuse, grounds maintenance, association management, and items listed on next page No real estate companies, nor title companies (law firm as primary business is permitted), nor construction companies 2

3 ASSOCIATION BUDGET SERVICES & ESTIMATED COST Services Insurance Common Areas General Liability Directors & Officers Insurance Estimated Property Insurance Exterior Shell Budgeted Annual Expense $ $1, $25, Landscape Maintenance Grass Cutting Parking Lot Maintenance $15, Repairs & Maintenance $3, HOA Dues $165 / Month / Building (covers water, sewer & garbage) $11, Utilities Lighting Common Areas $1, Property Management $6, Tax Return $ Secretary of State Filing Fees: $35.00 State Taxes: $50.00 Total Annual Expenses: $65, All Numbers are based on prior numbers from similar developments and good faith es mates from third party vendors. Dues are split based on a pro rata share between buildings. 3

4 PROPERTY OVERVIEW PROPERTY PHOTOS & PROPOSED LAYOUT SOLD 4

5 ALTERNATIVE LAYOUT BUILDINGS A&B LOCATION NOTES Beau Chêne Office Park II is located at the Hwy 190 entry into Beau Chêne, the largest residential subdivision in the New Orleans Metro. Beau Chêne Office Park II is just two stop lights from the Causeway Bridge and less than 6 minutes to Interstate-12. Beau Chêne Office Park II avoids heavy traffic headed into Covington on Highway 190 due to its location south of Interstate 12 (property is almost entirely Flood Zone X). Beau Chêne Office Park II comes with initiation free membership in Beau Chêne Country Club, allowing dues-paying building occupants to dine and entertain clients at The Club with an easy five minute drive. 5

6 DRIVE TIME OVERLAY MAP Drive Time Key: Red = 5 Minutes Green = 10 Minutes Blue = 15 Minutes 6

7 MAPS & AERIALS 7

8 CONTACT INFORMATION For more information, please contact: Mark E. Inman, JD, CCIM, CPM COLDWELL BANKER COMMERCIAL 1010 Common Street, Suite 2750 New Orleans, LA License #BROK A-CORP by the Louisiana Real Estate Commission Phone: (985) Fax: (504) Mobile: (504)