Listing Office: NOLA Living Realty
Description
Income producing property! Updated commercial property currently operating as a licensed daycare with a long-term tenant in place. Property is leased through November 2028, providing stable predictable income for an investor. This lease includes graduated rent increases, currently $7,500/month and increasing annually, offering built-in upside over the remaining term. Zoned C-1 Neighborhood Commercial, allowing for a wide range of permitted uses including business/professional offices, personal services, retail, clinics, daycare, social services, and more, making this a strong long-term hold with future flexibility. Property features a well-maintained and attractive exterior, modern interior updates, and a layout suitable for professional or service-based operations. Convenient location serving surrounding residential neighborhoods. Ideal investment opportunity with an established tenant, strong zoning, and increasing cash flow.
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