2901 Leon C. Simon Drive, New Orleans, LA
Acquisition Summary
Ownership Interest 100%
Purchase Price (million) US$28.8


Property Statistics
Property Type Office
NLA (sf) 137,279
Occupancy 100.0%
Current Rent (psf pa) US$22.83
Mark Rent (psf pa) US$21.79
WALT (by income) 12.1 years
Class A
Completion Date 1999

Valuation Summary
Valuation (million) US$31.6
Cap Rate 6.50%
Valuer CBRE
 


Major Tenant Profile
Tenant Square Feet % by Area Lease Maturity Years Remaining
Federal Bureau of Investigation 137,279 100% Aug 2019 12.1