Turtle Creek Plaza
5200 Hwy 22
Mandeville, LA 70471
https://thebrokerlist.com/have/turtle-creek-plaza-107128
FOR LEASE
Property Type:
Multi Tenant Office
Last Verified:
Nov 24, 2020
Highlights
- Great Location with Healthy Traffic Counts
- 12,000 SF Tilt Up Concrete Strip
- 4,355 Two Story Building
- Hwy 22 Frontage
- HC-1 Zoning
- Parking Ratio 4.4 to 1000
Description
Turtle Creek Plaza - this 16,355-square-foot center on 1.18 acres is ideal for office, medical, restaurant, or retail. GREAT location with healthy traffic counts and demographics along Highway 22. Building consists of 12,000 SF tilt up concrete strip with 10 potential suites and 4,355 SF attached two story building fronting Hwy 22. Zoned HC-1. Minutes from Lake Ponchartrain Causeway and I-12. Parking ratio 4.40 per 1000. $7 PSF plus $3 NNN, 5 year lease minimum, $13,629 per month total
From N Causeway, West on Hwy 22, Corner of Hickory and Hwy 22, on Left
Year Built: 1980
Building Size: 1655.0sq ft
Building Class: B
Lot Size: 1.18 acres
Units for Lease
5200 Hwy 22
Space Available: 16355 SF
Lease Type: NNN
Price Per Sqft/Year: $7.0
Map of 5200 Hwy 22, Mandeville, LA, 70471
What are Real Estate Incentives?
Real Estate incentives range widely and have been overlooked by the
Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
- U.S. Public: Many incentives focus on job creation and Affordable Housing
- Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
- Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
- Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
