4099 Industrial Pkwy.

Industrial for Sale
Sale Pending
Catylist Listing ID: 28856770
Property Subtypes: Truck Terminal
Status: Pending
Building Size (RSF): 46,645 SF
Gross Land Area: 12.78 Acres
Sale Price: $950,000
Unit Price: $20.37 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Last Updated: 3/19/2018

Overview / Comments

A dock-high, 41,935 sf truck terminal and a 4,710 sf service shop on 12.778 acres of land. Convenient access to Port, rail, and I-10. Formerly FedEx Freight Systems location.

Building is still is the same condition it was in after Katrina, except that is has been cleaned, and the electricity is on. No overhead doors and office is still gutted. Tenant has used office trailers for the last 3 years, and stored classic cars in and around the building for movie use.

It is a cross dock, so eaves are only 14'.

Price is based on the 12.78 acres of land, 10 acres of which are paved, which comes to $1.70/sf. The buildings are lagniappe, if Buyer can use them.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Northshore / N.O. East
Tax ID/APN: 41119503
Area Description: New Orleans East, Louisiana.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 932 8,848 32,334
Median Age: 25.96 33.16 34.07
Households: 327 2,758 10,945


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