Fully Occupied Industrial
For Sale
$675,000
2416 Connecticut Ave, Kenner, LA 70062
Multi-area warehouse property with office space, restrooms, secure gated access, and multiple roll-up doors.
Property Size7,500 SF
Price / SF$90
Days on Market526
Property Features for 2416 Connecticut Ave
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Industrial
Zoning
L-I
Amenities
Power
Water
Sewer
Listing Agency:
Coldwell Banker Commercial TEC Realtors
Listed By:
Michael Plauche · License #995698836
(504) 323-5993
Source:
Lacdb.resimplifi
Added: May 9, 2025
Changed: Oct 10
Last Checked: Oct 16 at 5:41AM
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 Coldwell Banker Commercial TEC Realtors
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Investment Insights
Based on property information with market context.
This 7,500 SF industrial warehouse property in Kenner includes conditioned office and reception space, restrooms, open warehouse areas, and multiple roll-up doors. The layout includes approximately 525 SQFT of conditioned space, approximately 3,100 SQFT of unconditioned warehouse area at 2416 Connecticut Avenue, approximately 1,220 SQFT at 2416 A Connecticut Avenue, and approximately 2,425 SQFT at 2416 B Connecticut Avenue. The property is 100% occupied and includes a secure gated driveway measuring 25' W X 100' D within a 100'W X 128' D lot.
Located at 2416 Connecticut Ave in Kenner, the property offers access to I-10, I-310, and LA-61. Roll-up access includes doors measuring 12'W x 14' H and 8'W x 8'H, with the smaller opening framed for a 12'W x 14' H door.
Located at 2416 Connecticut Ave in Kenner, the property offers access to I-10, I-310, and LA-61. Roll-up access includes doors measuring 12'W x 14' H and 8'W x 8'H, with the smaller opening framed for a 12'W x 14' H door.
Key Highlights
- 7,500 SF industrial warehouse property with 100% occupancy
- Approximately 525 SQFT of conditioned reception, office, and restroom space
- Approximately 3,100 SQFT of open warehouse space with a 12'W x 14' H roll‑up door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,446
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,920
$1.2M
Cap Rate 7%
$834,943
$834.9K
Cap Rate 9%
$649,400
$649.4K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$72.0K $9.60/SF
− Vacancy
−$3.2K −$0.43/SF
EGI
$68.8K $9.17/SF
− OpEx
−$10.3K −$1.38/SF
NOI
$58.4K $7.79/SF
Area
Jefferson County, LA
Vacancy
4.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,920
Cap Rate 7%
$834,943
Cap Rate 9%
$649,400
Alternative Uses
Best Use
Warehouse
$834.9K
$730.6K – $974.1K
NOI $58,446 @ 7.0% cap · market cap 8.66%
Second Best
Flex RnD
$785.6K
$687.4K – $916.5K
NOI $54,990 @ 7.0% cap · market cap 8.15%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,510 @ 7.0% cap · market cap 20.52%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,394
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 70062, LA
16,627
Population
6,679
Households
2.5
Avg Household Size
38
Median Age
18%
College-Educated
77%
High-School Grad
7.1 sq mi
ZIP Area
2,342
Density / Sq Mi
$55,293
Median Household Income
$33,499
Median Earnings
$1,150
Median Rent
$197,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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- ASI Management — 2200 Veterans Blvd # 208, Kenner, LA 70062
Frequently Asked Questions
What type of property is this?
Warehouse - Multi-area warehouse property with office space, restrooms, secure gated access, and multiple roll-up doors.
Where is this warehouse located?
The property is located at 2416 Connecticut Ave Kenner, LA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 7,500 SF industrial warehouse property with 100% occupancy; Approximately 525 SQFT of conditioned reception, office, and restroom space; Approximately 3,100 SQFT of open warehouse space with a 12'W x 14' H roll‑up door
