1. CML Commercial Real Estate Services, LLC
Former Wink Building
4949 Bullard Ave
New Orleans, LA 70128
For Sale
Office / Retail Space Available
+/- 33,500 Total Sq Ft Gross
+/- 31,500 GLA
Land Area 202,869 sq ft / acres
Sale Price $2,200,000
Rear of Building
Property Overview
Former Wink Building situated near Chef Mentur Hwy and easy access to I-10. Surrounded by a mix family residential and retail. Excellent for medical, professional, office or retail. Multiple offices in each suite along with warehouse space and 5 loading docks in rear of building. This is a very versatile building in a true growth area. Did not flood for Katrina.
Additional Details
Nearest MSA New Orleans-Metairie-Kenner
County Orleans
Submarket Northshore / NO East
Property Use Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Zoning S-B2
Highway(s) Access Chef Mentur, I-10
Total Parking Spaces 175
Rear Loading Docks 5
Contact: Jody Morris
CML Commercial Real Estate Services, LLC office:
3003 Jean Lafitte Pkwy., Chalmette, La 70043

2. OFFERING SUMMARY Major Tenants Demographics Major Employers Price
$2,200,000
Down Payment
100% $2,450,000
Price per Square Foot (GLA)
$69.84
Gross Leasable Area (GLA)
31,500
Year Built/Renovated
1980 /
Lot Size
4.657 Acres
VITAL DATA
CAP Rate - Current
7.1%
Gross Lease Income – Current
Gross CAM Income - Current
$213,900.00
$53,604
Total Income – Current
Gross Lessor Expenses
$267,504.00
$111,900.00
Net Operating Income
$155,604.00
Major Tenants
Tenant Name
STE A
Vacant 4000SF
Le & Le CPA
Jolly Kids Academy
STE D
Vacant 4800SF
Resource for Better Health
 Dukes,Divas & Dolls “Party Café”
 Dukes, Divas & Dolls ‘Party Café”
Demographics
Major Employers
1-Mile
3-Miles
5-Miles
2014 Total Population
18,050
56,884
122,969
2019 Total Population
17,876
56,541
122,521
2014 Total Households
6,558
20,852
45,553
2019 Total Households
6,531
20,901
45,779
Median HH Income
$31,270
$35,208
$33,247
Per Capita Income (based on Total Population)
$16,460
$18,565
$18,169
Average (Mean) HH Income
$45,244
$50,494
$48,770
Company
Local Employees
University of New Orleans
3,171
Lockheed Martin
2,500
NASA
USDA National Finance Center
1,750
Pendleton Mem Methdst Hosp
1,210
Jacobs Technology Inc
500
Nobts
400
Walmart
350
Dillard University
338
Trinity Yachts LLC
316
Crescent Crown Dist LLC
315
Lowes
308

3. Income & Expenses Total Annual Expenses $111,900.00 Expenses Current
Real Estate Taxes
$21,000.00
Property Insurance
$22,500.00
Flood Insurance
$1,200.00
Electric
$54,000.00
Water
$13,200.00
Total Annual Expenses
$111,900.00
Expense Reimbursements
Monthly $
TOTAL ANNUAL COLLECTED
$53,604.00
TOTAL EXPENSES VS Reimbursements
($58,296.00)
Vacant Space CAM at $4.00SF
Potential CAM Expenses VS Reimbursement
$35,200.00
($23,096.00)
Gross Leasable Area (GLA)
31,500 SF
Current
Per SF
Base Rent
Occupied Space
$213,900
$9.42
Vacant Space at Market Rents
$79,200
$9.00
GROSS POTENTIAL RENT
$293,100
$9.31
 Expense Reimbursements
Tenant
$53,604
Vacant Space at $4.00SF
$35,200
EFFECTIVE GROSS INCOME
$381,904
$12.12
100% Occupied
Total Expenses
 $111,900
 $3.61
NET OPERATING INCOME
$270,004
$8.57

4. 4949 Bullard New Orleans La New Lease $$ New CAM $$
Rents per Square Feet
Option Periods
With Option
Suite
Tenant
Term / Months
Date
Space / SF
Base Rent
CAM
Total Monthly
Base Rent SF
CAM SF A
Vacant
4,000 $ $ $ $ B
Le & Le CPA 36
5,400
$ ,500.00 $
1-three yr option
$ ,500.00 C
Jolly Kids Academy LLC 60
8/18/17 thru 7/14/2022
3,000
$ ,000.00
$ ,000.00
$ ,000.00 $ $
1-five yr option
$ ,300.00 D
4,800 E
Resources for Better Health
4/1/16 thru 3/31/19
2,600 $
$ ,667.00 $ $
$ ,200.00 $ F
8/1/16 thru 7/31/19
$ ,400.00
$ ,800.00
$ ,200.00 $
$ ,940.00
$ ,980.00 G
Dukes,Divas & Dolls “Party Café” LLC
6/1/16 thru 5/31/19
2,000
$ ,250.00 $
$ ,375.00 $ H
4,300
$ ,675.00
$ ,675.00 $ $
$ ,050.00
$ ,400.00
TTL Average Rents per Square Feet
TOTAL
31,500
$ ,825.00
$ ,467.00
$ ,292.00 $ $
$ ,365.00
$ ,630.00
Jody Morris
CML Commercial Real Estate Services, LLC

5. CML Commercial Real Estate Services, LLC
Former Wink Building 4949 Bullard Ave
New Orleans, LA 70128
Contact: Jody Morris
CML Commercial Real Estate Services, LLC office:
3003 Jean Lafitte Pkwy., Chalmette, La 70043

6. 4949 Bullard Ave New Orleans, LA 70128