Climate Controlled Warehouse For Sale (Price reduction)

Industrial for Sale
Catylist Listing ID: 30639437
Property Subtypes: Light Industrial, Net Leased, Self Storage
Building Size (RSF): 16,000 SF
Gross Land Area: 22,334 SF
Sale Price: $1,075,000
Unit Price: $67.19 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/22/2021

Overview / Comments

Unique Climate Controlled Warehouse purchase opportunity along River Road in Jefferson for investors or users looking for cash flow. Very close to Orleans/Jefferson Parish line. See flyer for more details on income and lease expirations.

Total Building Area: 16,000 square feet
2nd floor storage: 2,336 square feet, climate controlled
1st floor office area: 1,500 square feet
2nd floor office area: 1,320 square feet
Site Area: 223’ x 100’ = 22,334 square feet
Loading: Two (2) ramps via 12’ x 14’ overhead doors
Parking: 8 marked parking spaces in front of building
Zoning: M2 Industrial
Rear Yard: 43’ x 80’ fenced
Asking Price: $1,075,000
Additional: This two story warehouse was formerly used as a climate-controlled records storage facility. It includes 16,000 sq. ft. on the ground floor, 2,336 sq. ft. climate controlled storage on second floor plus mezzanine storage area. The first floor features six (6) climate controlled bays with four bays measuring 16'x117' and two bays measuring 16"x100.' Each bay is secured with three walls and fencing at the entrance. A common hallway allows inventory to be moved from the loading area to each bay. Building is sprinklered, contains a 3,000 lb. capacity freight elevator, a 43’ x 80’ fenced yard and 1,500 sq. ft. finished office space. Eave height 10’ first floor and 19’ second floor.
The first floor office space (1500 sf) and two storage bays are available. First floor bays 3-5 are leased. Second floor office space (1,320 sf) and Bay 1 is leased. Second floor storage is used by owner (2,336 sf).

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 123970
Zoning: M2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,000 165,677 400,248
Median Age: 37.96 37.26 38.76
Households: 6,273 72,185 173,665


Photograph of Listing Agent

Joe Gorman

Audubon Commercial Real Estate New Orleans, LA 70112
LACDB Member
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