Elmwood Office\Warehouse For Sale or Lease

Industrial for Sale
Sale Pending
Catylist Listing ID: 30753933
Property Subtypes: Warehouse/Distribution
Status: Pending
Building Size (RSF): 15,000 SF
Gross Building Area: See Agent
Sale Price: $1,230,000
Unit Price: $82 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2021

Overview / Comments

Legal Description:
Lot 20, Parcel 5, Elmwood Industrial Park, Jefferson Parish

Building Area: 15,000 sq. ft. office/warehouse presently divided into two suites.

-16' side eave
-Concrete tilt-up construction with steel frame and metal roof.
-Grade level loading (3 grade level overhead doors) with 1 -recessed truck well
-3-phase electrical service to building

Land Area: 21,981 sq. ft.+/- (125.08' Jensen Street/175' on Dealers Ave.)

Zoning: M-1, Industrial (Elmwood restrictive covenants apply)

Lease Info:
1400 A-B Dealers: Leased to Motortech Americas LLC (8,800 sq. ft. w/office) through 1/31/2022 (no renewal option)

1400 C-D Dealers: Vacant (6,200 sq. ft. with small office)

Sale Price: $1,230,000

Rental Rate: 6,200 sq. ft. vacant suite; available immediately for $6.95/sq. ft., net

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 29645

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,250 124,610 321,201
Median Age: 38.13 41.32 39.49
Households: 4,161 54,410 133,543


Photograph of Listing Agent

David B Quinn

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