8221 Chef Menteur Highway

Industrial for Sale
Catylist Listing ID: 30564768
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 4,825 SF
Gross Building Area: See Agent
Gross Land Area: 12,544 SF
Sale Price: $425,000
Unit Price: $88.08 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 11.0%
Last Updated: 3/29/2020

Overview / Comments

Industrial property available for sale. Land is approximately 12,544 SF. Building is approximately 4,825 SF with a small office inside. Property has a $4,000 NNN lease to a mechanic shop with 6.5 years left on the lease.

Please do not disturb the tenant.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Northshore / N.O. East
Tax ID/APN: 41099353
Zoning: C-1, COMMERCIAL
Area Description: New Orleans, LA

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,328 54,732 161,903
Median Age: 33.68 33.39 35.14
Households: 3,431 20,055 64,298
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.