Large Uptown Warehouse For Sale or Lease

Industrial for Sale
Catylist Listing ID: 30521916
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 295,316 SF
Gross Building Area: See Agent
Sale Price: $1
Unit Price: $0 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2021

Overview / Comments

BUILDING DESCRIPTION
295,316 sq. ft. (+/-) dock level, masonry warehouse building divided into 9 sections by masonry parapet walls. Structure is primarily concrete beams and concrete roof underside. Office within Bay 1 is approximately 6,941 sq. ft.

ZONING
MU-1, Medium Intensity Mixed-Use District (situated in Historic District and Neighborhood Conservation District and within EC Enhancement Corridor Design Overlay District).

CLEAR HEIGHT
26’ (+/-) center, 20’ (+/-) Tchoupitoulas side and 17’ (+/-) on rear side

LOADING
Dock level loading on Tchoupitoulas street side with exterior docks parallel to building; Bays 1, 3, 6 have recessed docks for covered loading.

ADDITIONAL
Building formally used as cotton warehouse and most recently used as a London Metal Exchange metals warehouse.
Also, sections 8 & 9 are currently leased on short term basis but are available on short notice.

RENTAL RATE
$4.50 square foot, net. Sale price subject to offer.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41047870

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,934 170,406 390,504
Median Age: 37.28 36.03 36.59
Households: 11,872 71,948 159,058

Contact

Photograph of Listing Agent

David B Quinn

Max J Derbes Inc New Orleans, LA 70123-3229
LACDB Member
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