Flex Industrial Building with
2601 Lexington Avenue #A1 Kenner, LA 70062
For Sale
$738,000
Standalone flex industrial building with a roll-up door and dedicated yard space on a Special Industrial-zoned lot.
Property Size4,300 SF
Lot Size0.50 Acres
Price / SF$171.63
Days on Market118
Property Features for 2601 Lexington Avenue #A1
General Information
- Standard status
- Active
- Size
- 4,300 SF
- Lot size
- 0.50 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1975
Listing Agency:
The Agency Of M. Grass Group, LLC
(504) 237-3359
Listed By:
Matthew Grass · License #23286
(504) 237-3359
Source:
Nolalivingrealty
Added: Mar 30
Changed: Jul 25
Last Checked: Jul 25 at 6:53AM
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 The Agency Of M. Grass Group, LLC
Investment Insights
Based on property information with market context.
This standalone flex industrial property offers approximately 4,300 SF of functional space designed for industrial and service-based activity. The building includes a roll-up door and is supported by dedicated yard space for equipment, operations, or storage needs. The site is on an approximately 182' x 120' lot, providing room for day-to-day use and vehicle/fleet movement.
Located in Kenner, the property is described as being near I-10 and MSY, with convenient access for users who prioritize regional connectivity.
Zoned Special Industrial, the facility supports a wide range of uses as allowed under that zoning classification, making it suitable for an owner-user seeking a versatile, well-located industrial option.
Located in Kenner, the property is described as being near I-10 and MSY, with convenient access for users who prioritize regional connectivity.
Zoned Special Industrial, the facility supports a wide range of uses as allowed under that zoning classification, making it suitable for an owner-user seeking a versatile, well-located industrial option.
Key Highlights
- 4,300 SF standalone flex industrial building on a lot approximately 182' x 120'
- Roll‑up door and dedicated yard space for operations, storage, or fleet use
- Zoned Special Industrial, allowing a wide range of uses
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 | $41.3k | $9.60 |
| − Vacancy | −$1.9k | −$0.43 |
| EGI | $39.4k | $9.17 |
| − OpEx | −$5.9k | −$1.38 |
| NOI | $33.5k | $7.79 |
4,300 SF · lease $9.60/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$478.7K
$418.9K – $558.5K
NOI $33,509 @ 7.0% cap · market cap 4.54%
Second Best
Flex RnD
$450.4K
$394.1K – $525.5K
NOI $31,528 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$1.13M
$992.7K – $1.32M
NOI $79,412 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Coco Construction Of New ...
General Contractor
Atlas Marine Cargo
Freight Service
SEH
Courier Service
(Rum) Vape, Hookah ...
(Bike/Boat/Book/etc) Store
PROFESSIONAL CONSTRUCTION & RESTORATION
Construction Company
Similar Off Market Nearby
- Deniece's Kitchen & Catering LLC — 2727 Aberdeen St, Kenner, LA 70062
- Kenner Seafood, Market, Restaurant & Catering — 3140 Loyola Dr, Kenner, LA 70065
FAQs
What type of property is this?
Flex space - Standalone flex industrial building with a roll-up door and dedicated yard space on a Special Industrial-zoned lot.
Where is this flex space located?
The property is located at 2601 Lexington Avenue #A1 Kenner, LA.
What is the asking price?
The asking price for this property is $738,000.
What are key features of this property?
This property features: 4,300 SF standalone flex industrial building on a lot approximately 182' x 120'; Roll‑up door and dedicated yard space for operations, storage, or fleet use; Zoned Special Industrial, allowing a wide range of uses
