Industrial for Sale
Catylist Listing ID: 30270464
Property Subtypes: Free-Standing, Light Industrial
Building Size (RSF): 72,625 SF
Gross Land Area: 3.18 Acres
Sale Price: $4,650,000
Unit Price: $64.03 PSF
Ceiling: 30 ft. Clear
Docks/Doors: 2 Docks, 12 Doors
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/2/2018

Overview / Comments

This property consist of a free standing warehouse in Metairie LA very near the Orleans Parish line.The property is attractive and well maintained metal construction.

There are currently 35 designated parking spaces, but ample area to add more plus additional paved area for truck marshaling.

The building sits on 3.18 acres and has good visibility from Airline Hwy.

12 overhead doors, 6 on each side. On the west side there are two truck well doors. They vary in height and width.

Two tenants are in place with short term leases remaining.

Tenant A: Approx. 5,300 sq.ft. of office & 9,450 sq.ft. of warehouse (subject to confirmation), roughly 14,068 sq.ft.
Tenant B: Total area of approx. 58,557 sq.ft.

All tenant lease information is confidential and only released to qualified buyers who are registered and have signed off on a confidentiality agreement.

Clear heights range from 30' at the peak to 25' at the doors.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Taxing Authority: Jefferson Parish
Tax ID/APN: JP-3136110
Zoning: M1
Property Located Between: In Labarre Business Park
Highway Access: Airline Highway
Year Built: 2005
Construction/Siding: Metal/Glass
Passenger Elevators: 1
Zoning Description: M1, purchaser is required to validate zoning and owner makes no representations or warranties as to use.
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,994 179,218 385,491
Median Age: 38.45 37.15 38.3
Households: 7,122 77,381 168,897


The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.