Flex Building with Multiple
2616 Marietta Ave Kenner, LA 70062
For Sale
$680,000
Multi-unit flex building with separate offices and rear roll-up access for varied industrial and commercial uses.
Property Size4,570 SF
Price / SF$148.80
Days on Market102
Property Features for 2616 Marietta Ave
General Information
Standard status
Active
Size
4,570 SF
Listing Agency:
Watermark Realty, LLC
(504) 813-0272
Listed By:
Ricardo Gutierrez
(504) 813-0272
Source:
Exprealty
Added: Apr 20
Changed: Jul 10
Last Checked: Jul 29 at 2:14PM
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 Watermark Realty, LLC
Investment Insights
Based on property information with market context.
The property is a concrete and metal flex building designed for mixed industrial and commercial use. It includes two separate warehouse areas and three distinct office spaces, with two offices on the ground floor and a larger office on the mezzanine level. The building is currently divided into four units, including one warehouse unit, two standalone office units, and one combined office/warehouse unit. The larger office areas include multiple private offices and conference rooms, supporting both individual and team-based work needs. Both warehouse spaces feature rear roll-up doors for convenient loading and access to the yard.
The asset is located at 2616 Marietta Ave in Kenner, Louisiana, with proximity to Veterans Blvd., I-10, and the airport. This positioning can support a range of operations that benefit from regional access.
For buyers or tenants seeking flexible configuration, the current unit mix provides multiple ways to use the space, whether operating as a single business or occupying multiple areas. The presence of dedicated office rooms alongside separate warehouse segments can accommodate organizations that need both administrative space and practical back-of-house access, with rear roll-up doors serving day-to-day logistics.
The asset is located at 2616 Marietta Ave in Kenner, Louisiana, with proximity to Veterans Blvd., I-10, and the airport. This positioning can support a range of operations that benefit from regional access.
For buyers or tenants seeking flexible configuration, the current unit mix provides multiple ways to use the space, whether operating as a single business or occupying multiple areas. The presence of dedicated office rooms alongside separate warehouse segments can accommodate organizations that need both administrative space and practical back-of-house access, with rear roll-up doors serving day-to-day logistics.
Key Highlights
- 11,200 SF concrete & metal mixed‑use building with two warehouse areas and three office spaces, including a mezzanine level office
- Currently configured as four units: 2,470 SF warehouse; 530 SF office; 1,820 SF office; and a combined 2,220 SF office/4,180 SF warehouse unit
- Two warehouse spaces feature rear roll‑up doors for yard access
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 | $43.9k | $9.60 |
| − Vacancy | −$2.0k | −$0.43 |
| EGI | $41.9k | $9.17 |
| − OpEx | −$6.3k | −$1.38 |
| NOI | $35.6k | $7.79 |
4,570 SF · lease $9.60/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$905.8K
$792.6K – $1.06M
NOI $63,406 @ 7.0% cap · market cap 9.32%
Second Best
Warehouse
$508.8K
$445.2K – $593.6K
NOI $35,613 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$1.21M
$1.05M – $1.41M
NOI $84,399 @ 7.0% cap · market cap 12.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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
Frequently Asked Questions
What type of property is this?
Flex space - Multi-unit flex building with separate offices and rear roll-up access for varied industrial and commercial uses.
Where is this flex space located?
The property is located at 2616 Marietta Ave Kenner, LA.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: 11,200 SF concrete & metal mixed‑use building with two warehouse areas and three office spaces, including a mezzanine level office; Currently configured as four units: 2,470 SF warehouse; 530 SF office; 1,820 SF office; and a combined 2,220 SF office/4,180 SF warehouse unit; Two warehouse spaces feature rear roll‑up doors for yard access
