Great Office/Warehouse Building with Yard

Industrial for Sale
Catylist Listing ID: 30041662
Property Subtypes: Free-Standing, Light Industrial
Building Size (RSF): 19,300 SF
Gross Building Area: See Agent
Gross Land Area: 68,799 SF
Sale Price: $1,625,000
Unit Price: $84.20 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/7/2017

Overview / Comments

Very functional and attractive office/warehouse facility with secure exterior yard area. The 19,300 sf building features approximately 9,300 sf of three-story office space and 10,000 sf of grade level warehouse space. Warehouse access is via three (3) roll up doors; 3 phase 240 volt electrical service. Clear height of approx. 20 feet in warehouse. An approximate 30,000 sf fenced yard area on the rear portion of the property is a combination of asphalt, concrete and gravel surfacing. Seller is tentatively scheduled to relocate to a new facility by December 31, 2017. Current tenant's lease for a portion of the property is scheduled to expire on September 30, 2017, but tenant has indicated a willingness to vacate prior to that date.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: Ken-18504
Zoning: S-I (SPECIAL INDUSTRIAL)
Highway Access: Property fronts on 3rd Street, aka Reverend Richard Wilson Drive, formerly Jefferson Highway (LA 48), with easy access to Airline Highway (US 61) via Alliance Avenue.
Site Description: Site allows over 400 feet of access from Minden Street on the western side (see survey).
Area Description: Well established industrial area in southwest Kenner. Close proximity to the Louis Armstrong New Orleans International Airport. Easy access to Interstate 10 via Airline Drive (US 61) to either the I-310 or Williams Boulevard (LA 49).
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Excellent
Year Built: 2001

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,381 60,383 170,636
Median Age: 38.18 37.04 39.78
Households: 921 22,287 65,989

Contact

Photograph of Listing Agent

Charles M Mullin

RE/MAX Commercial Brokers Inc Metairie, LA 70002

Source

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