beau chÊne office park ii -...
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BEAU CHÊNE OFFICE PARK II
TEC, REALTORS®
CBCWorldwide.com
FOR SALE 102 Fontainbleau Drive
Mandeville, LA 70471
Coldwell Banker Commercial TEC, REALTORS®
Independently Owned & Operated
Mark E. Inman, JD, CCIM, CPM
985-845-3311 x 203
10010 Common Street, Suite 2750, New Orleans, LA 70112
PREPARED BY:
PREPARED FOR:
Listing Sites
TEC, REALTORS®
PROPERTY NAME
CBCWorldwide.com
2
BEAU CHÊNE OFFICE PARK II
© 2014 Coldwell Banker Commercial Affiliates, A Realogy Company with All Rights Reserved. Each office is independently owned and operated. Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act.
THE PROPERTY
PROPERTY SPECIFICATIONS
Beau Chêne Office Park II
102 Fontainbleau Drive
Mandeville, LA 70471
PROPERTY DETAILS
Time to Construct:
Existing Shell
4-6 Months
New Building
9-12 Months
Services Included:
Sewer, water, refuse,
grounds maintenance,
association
management, and
items listed on next
page
Restrictions on Use:
No real estate
companies, nor title
companies (law firm as
primary business is
permitted), nor
construction companies
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.
LOCATION INFORMATION
Sales Price / SF: Starting at $195 PSF
Condo Fees: $2.50 / SF / Year
Base Lease Rate: $25.00 PSF / Year NNN
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.
PRICE
Property Type: Office
Class: A
Building Sizes: 2,000—12,500 SF
Land: 2.6 Acres
Number of Stories: 1
Year Built: Under Construction
Total Building Size: 26,100 SF
Total Parking Spots: 88
TEC, REALTORS®
PROPERTY NAME
CBCWorldwide.com
3
BEAU CHÊNE OFFICE PARK II
© 2014 Coldwell Banker Commercial Affiliates, A Realogy Company with All Rights Reserved. Each office is independently owned and operated. Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act.
ASSOCIATION BUDGET—SERVICES & ESTIMATED COST
Services Budgeted Annual Expense
Insurance—Common Areas
General Liability
Directors & Officers Insurance
Estimated Property Insurance—Exterior Shell
$600.00
$1,200.00
$25,317.00
Landscape Maintenance
Grass Cutting
Parking Lot Maintenance
$15,600.00
HOA Dues—$165 / Month / Building (covers water, sewer &
garbage) $11,800.00
Utilities—Lighting Common Areas $1,200.00
Property Management $6,000.00
Tax Return $200.00
Secretary of State Filing Fees: $35.00
State Taxes: $50.00
Repairs & Maintenance $3,000.00
Total Annual Expenses: $65,002.00
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.
TEC, REALTORS®
PROPERTY NAME
CBCWorldwide.com
4
BEAU CHÊNE OFFICE PARK II
© 2014 Coldwell Banker Commercial Affiliates, A Realogy Company with All Rights Reserved. Each office is independently owned and operated. Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act.
PROPERTY OVERVIEW
PROPERTY PHOTOS & PROPOSED LAYOUT
SOLD
TEC, REALTORS®
PROPERTY NAME
CBCWorldwide.com
5
BEAU CHÊNE OFFICE PARK II
© 2014 Coldwell Banker Commercial Affiliates, A Realogy Company with All Rights Reserved. Each office is independently owned and operated. Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act.
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.
TEC, REALTORS®
PROPERTY NAME
CBCWorldwide.com
6
BEAU CHÊNE OFFICE PARK II
© 2014 Coldwell Banker Commercial Affiliates, A Realogy Company with All Rights Reserved. Each office is independently owned and operated. Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act.
DRIVE TIME OVERLAY MAP
Drive Time Key:
Red = 5 Minutes
Green = 10 Minutes
Blue = 15 Minutes
TEC, REALTORS®
PROPERTY NAME
CBCWorldwide.com
7
BEAU CHÊNE OFFICE PARK II
© 2014 Coldwell Banker Commercial Affiliates, A Realogy Company with All Rights Reserved. Each office is independently owned and operated. Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act.
MAPS & AERIALS
TEC, REALTORS®
PROPERTY NAME
CBCWorldwide.com
8
BEAU CHÊNE OFFICE PARK II
© 2014 Coldwell Banker Commercial Affiliates, A Realogy Company with All Rights Reserved. Each office is independently owned and operated. Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act.
CONTACT INFORMATION
For more information, please contact: Mark E. Inman, JD, CCIM, CPM COLDWELL BANKER COMMERCIAL TEC, REALTORS® 1010 Common Street, Suite 2750 New Orleans, LA 70112 License #BROK.0000033021.A-CORP by the Louisiana Real Estate Commission Phone: (985) 845-3311 Fax: (504) 293-1329 Mobile: (504) 275-9990 [email protected]