Airline Drive Property for Sale - Will Subdivide

Industrial for Sale
Catylist Listing ID: 29946350
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 92,250 SF
Gross Building Area: See Agent
Sale Price: $3,650,000
Unit Price: $39.57 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/10/2018

Overview / Comments

***Do not disturb operating business. All tours by appointment only****

****Will Subdivide****

Land Area: 11.727 +/- acres w/457’ frontage on Airline
Drive and 165’ on Industry Road with multiple
buildings totaling 92,250 sq. ft. The land area is
cleared and stabilized for truck access, described
as Lot D-1-A Hanson Subdivision, Kenner, LA

Descriptions: Bldg. A: 31,000 s.f. (100’x310’) semi dock metal
warehouse building w/33.5’ clear height; six
14’x16’ overhead doors, sprinklered.

Bldg. B: 31,000 s.f. warehouse building, two
inter-connected semi dock height buildings
w/33.5’ clear height, 12’x12’ roll-up doors,
sprinklered. 15,000 sq. ft. in the rear of Bldg. B
for lease @ $5,500 per month.

Bldg. C: 14,850 s.f. grade level w/truckwell and
3 grade level roll up doors, 33.5’ clear height and
sprinklered. This building bears the municipal
address of 908 Industry Road, Kenner, LA

Bldg. D: 12,000 s.f. grade level, metal warehouse
with multiple sliding doors.

Bldg. E: 6,400 s.f. wood frame office building.

Zoning: C-2 / Highway Commercial and H-I / Heavy

Asking Price: $3,650,000.00

Additional Info: The property is well suited for an industrial user
with a need for outside yard storage and visibility
on a major thoroughfare. The property also has
excellent potential for retail redevelopment along
Airline Drive. Do not disturb current occupant without an appointment to tour the facility.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: Ken-24760

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,381 60,535 164,664
Median Age: 38.18 37.1 39.85
Households: 921 22,174 63,539


Photograph of Listing Agent

A Benjamin Derbes

Max J Derbes Inc New Orleans, LA 70123-3229
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.