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: 12/14/2017

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

Building
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
Industrial.

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

Contact

Photograph of Listing Agent

A Benjamin Derbes

Max J Derbes Inc New Orleans, LA 70123-3229
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