Office-Warehouse with Loading
1301 Veterans Boulevard Kenner, LA 70062
For Sale
$1,795,000
Large office-warehouse building with multiple loading docks and substantial fenced lot storage included.
Property Size13,840 SF
Price / SF$129.70
Days on Market322
Property Features for 1301 Veterans Boulevard
General Information
- Standard status
- Active
- Size
- 13,840 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1982
Listing Agency:
Nola Living Realty
(504) 228-7815
Listed By:
Gloria Farrell · License #000076348
(504) 228-7815
Source:
Nolalivingrealty
Added: Sep 8, 2025
Changed: Jul 25
Last Checked: Jul 25 at 7:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nola Living Realty
Investment Insights
Based on property information with market context.
The offering includes a large office/warehouse with loading dock service for three containers and a total warehouse area of 10,000 square feet with high ceilings. The building also includes 2 offices and 2 full baths on the downstairs level, plus an additional 3,840 square feet of office space upstairs with 10 offices, a lunch room, kitchen, conference room, and multiple bathrooms, including 2 full and 2 half baths upstairs.
The property has frontage of 120 feet on Veterans Blvd, 240 feet on Lexington Ave, and 260 feet on Danville St. The warehouse is set up for front loading and also features two garage door entrances on the Danville St. side of the building.
Sale includes a 9,600 square-foot vacant fenced lot behind the building for equipment and vehicle storage. The remarks indicate convenient access to the interstate and MSY airport.
The property has frontage of 120 feet on Veterans Blvd, 240 feet on Lexington Ave, and 260 feet on Danville St. The warehouse is set up for front loading and also features two garage door entrances on the Danville St. side of the building.
Sale includes a 9,600 square-foot vacant fenced lot behind the building for equipment and vehicle storage. The remarks indicate convenient access to the interstate and MSY airport.
Key Highlights
- 1982‑built office/warehouse with 10,000 SF warehouse space plus 3,840 SF office space
- Warehouse features high ceilings and loading dock with space for three containers
- Office space totals 10 offices, a lunch room, kitchen, and conference room
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.9k | $9.60 |
| − Vacancy | −$6.0k | −$0.43 |
| EGI | $126.9k | $9.17 |
| − OpEx | −$19.0k | −$1.38 |
| NOI | $107.9k | $7.79 |
13,840 SF · lease $9.60/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$2.74M
$2.40M – $3.20M
NOI $192,022 @ 7.0% cap · market cap 10.70%
Second Best
Warehouse
$1.54M
$1.35M – $1.80M
NOI $107,852 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$3.65M
$3.19M – $4.26M
NOI $255,597 @ 7.0% cap · market cap 14.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar Off Market Nearby
- Gate Gourmet — 505 E Airline Hwy, Kenner, LA 70062
- Delaware North — 440 Middle Access Rd, Kenner, LA 70062
FAQs
What type of property is this?
Flex space - Large office-warehouse building with multiple loading docks and substantial fenced lot storage included.
Where is this flex space located?
The property is located at 1301 Veterans Boulevard Kenner, LA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 1982‑built office/warehouse with 10,000 SF warehouse space plus 3,840 SF office space; Warehouse features high ceilings and loading dock with space for three containers; Office space totals 10 offices, a lunch room, kitchen, and conference room
