Building Details

Tenancy Single

Listing Agency: Property One Inc New Orleans

Listed By: Hayden Ingram · License #995711243 Show Phone

Source: Lacdb.resimplifi

Added: Apr 29 Changed: Oct 14 Last Checked: Oct 19 at 3:17AM

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Investment Insights

Based on property information with market context.

This 9.92-acre M-1 zoned industrial outdoor storage site is offered for sale as a turnkey, NNN investment. The property is currently under a triple net lease to Enterprise Rent-a-car, and the tenant is responsible for taxes, insurance, and maintenance. The site is configured for outdoor vehicle storage and related rental-facility use.

Access and connectivity are a strong part of the offering. The property provides direct frontage access via US Hwy 61 and State Rte 50, with proximity to I-310 and I-10. It is also situated within 3.4 miles of Louis Armstrong New Orleans International Airport, and is about 0.8 miles from the Mississippi River.

For buyers looking for an income-producing industrial land asset, the property offers immediate cash flow with the tenant in place and supports continued use as a vehicle storage and rental facility under the current NNN structure.

Key Highlights

• 9.92‑acre M‑1 zoned industrial outdoor storage site under a triple‑net (NNN) lease with Enterprise Rent‑a‑car
• Tenant responsibilities under NNN lease include taxes, insurance, and maintenance
• Vehicle storage and rental facility use supported by the site’s existing outdoor storage setup

Property Analytics

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Current Use

RKC LLC Waste Management Facility

Suggested Use

Top Pick Restaurant Dental Office Law Firm HVAC Service Auto Parts Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Turnkey business

Opportunity

Yes

Fenced yard

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

134

Businesses Nearby

Explore this area Business Placement

Demographics for 70087, LA

7,244

Population

2,734

Households

2.6

Avg Household Size

39

Median Age

24%

College-Educated

86%

High-School Grad

12.5 sq mi

ZIP Area

580

Density / Sq Mi

$69,107

Median Household Income

$38,337

Median Earnings

$835

Median Rent

$211,200

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - Triple-net leased outdoor storage site with Enterprise Rent-a-car generating stable income for the investor.

Where is this industrial land located?

The property is located at 421 Almedia Rd Saint Rose, LA.

What is the asking price?

The asking price for this property is $3,900,000.

What are key features of this property?

This property features: 9.92‑acre M‑1 zoned industrial outdoor storage site under a triple‑net (NNN) lease with Enterprise Rent‑a‑car; Tenant responsibilities under NNN lease include taxes, insurance, and maintenance; Vehicle storage and rental facility use supported by the site’s existing outdoor storage setup