Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Kenner Warehouse/Office Sublease Opportunity Title is generated by Realmo AI

    940 Industry Rd A3-A4, Kenner, LA 70062

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $8 SF/Yr $13,624/Mo (calc)

    Flexible warehouse/office space available for sublease near New Orleans Airport.

    Type:Industrial
    Property size:
    19,817 SF
    Added:
    Nov 21, 2025
    Days on Market:
    183
    Last Refresh:
    Apr 5 at 10:39 pm

    Property Features for 940 Industry Rd A3-A4

    General Information

    Standard status
    Active
    Size
    19,817 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 940 Industry Rd A3-A4 Contact us

    We can help!

    Listing Contact
    Reed Wiley, CCIM
    Reed Wiley, CCIM

    Listing agent Reed Wiley, CCIM License #LA #BROK.995704349-ASA

    Listing office

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Reed Wiley, CCIM

    HighLights

    • Flexible warehouse/office space available, ranging from ±3,000 to ±10,000 SF.
    • Convenient location south of the New Orleans Airport with access to Industry Road and Highway 61 (Airline Drive).
    • Heavy Industrial (H‑I) zoning allows for a wide range of industrial uses.
    • Sublease opportunity provides a shorter‑term commitment.
    • Rear loading access via one dock‑high door.
    • Sublandlord will demise the space to suit sublessee requirements.

    Overview

    An excellent sublease opportunity exists at 940 Industry Road, A3-A4, in Kenner, Louisiana. Located south of the New Orleans Airport, with access to Industry Road off of Highway 61 (Airline Drive), the subject space offers a flexible warehousing and office solution, with approximately 3,000 to 10,000 square feet available to suit a sublessee's requirements. The sublandlord currently occupies all of Suites A3-A4 but will divide the space accordingly and provide rear loading via one dock-high door. The site lies within a Heavy Industrial zoning district. The sublease expires on August 30, 2025. The property size is 19,817 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Eagle One Trucking Company Southern Hurricane Shutters (Bike/Boat/Book/etc) Store Wheels Pros Big Box & Wholesale Store News On Wheels/Steals N ... Publishing House

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Alliance Mini Storage LLC — 1 Geneva St, Kenner, LA 70062
    • Shipping/Receiving — Industry Rd, Kenner, LA 70062
    • Crescent City Moving and Storage New Orleans — 10058 E Airline Hwy, St Rose, LA 70087
    • HMY1 Amazon — 10057 E Airline Hwy BLDG 2, St Rose, LA 70087
    • Armstrong Local Movers — 10058 E Airline Hwy, St Rose, LA 70087

    Location Insight

    • Map
    • Local Demand
    City
    Kenner
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.2773
    Latitude
    29.9858

    Nearby Similar for Lease

    • $15,000/Mo
      1,879 SF

      High-Visibility Car Lot with Office

      Prime commercial lease opportunity for automotive or retail businesses.
      1600 AIRLINE Drive, Kenner, LA 70062
      View Details
    • Contact for pricing
      600 SF

      Kenner Commercial Space For Rent

      Prime commercial space on Williams Blvd, ideal for retail/office.
      3901 Williams Boulevard, Kenner, LA 70065
      View Details
    • $4,000/Mo
      4,101 SF

      Mixed-Use Building in Rivertown District

      Two-story mixed-use building with warehouse, retail, and apartment.
      2131 REVEREND RICHARD WILSON Drive, Kenner, LA 70062
      View Details
    • $14 SF/Yr
      2,600 SF

      Retail Space Available for Lease

      2,600 SF retail space in high-traffic area.
      4045 Williams Boulevard, Kenner, LA 70065
      View Details
    • $5,500/Mo
      5,800 SF

      Kenner Warehouse Space Available

      5800 sqft warehouse available for rent in Kenner, LA.
      1710 FIFTH Street, Kenner, LA 70062
      View Details
    • $8 SF/Yr
      9,950 SF

      Retail Space on Williams Boulevard

      Retail spaces with good visibility and access, parking available.
      2101 Williams Blvd., Kenner, LA 70062
      View Details
    • $4,500/Mo
      3,800 SF

      Kenner Commercial Space For Rent

      Commercial space available for rent on Williams Boulevard.
      3830 WILLIAMS Boulevard A, Kenner, LA 70065
      View Details
    • $1,600/Mo
      1,500 SF

      Kenner Commercial Space for Rent

      Commercial space available for rent in Jefferson County.
      2218 FAYETTE Street B, Kenner, LA 70062
      View Details
    • $1,450/Mo
      2,300 SF

      Kenner Flex Space Available

      Flex space in Kenner, 2,000 sq ft, $1,450/month gross.
      12 Sussex Street, Kenner, LA 70062
      View Details
    • $1,800/Mo

      Versatile Commercial Space Available

      Second-story commercial space suitable for various business types.
      2728 Decatur St, Kenner, LA, 70062-5026
      View Details
    • Contact for pricing

      Retail/Medical Space in Kenner

      Highly visible retail/medical space in active commercial corridor.
      819 W Esplanade Ave, Kenner, LA 70065
      View Details
    • Contact for pricing
      5,400 SF

      Kenner Industrial Spaces Available

      Industrial spaces available for lease in Kenner, Louisiana.
      2321 Richland St, Kenner, LA 70062
      View Details

    FAQs

    What type of property is this?
    Warehouse - Flexible warehouse/office space available for sublease near New Orleans Airport.
    Where is this warehouse located?
    The property is located at 940 Industry Rd A3-A4 Kenner, LA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Flexible warehouse/office space available, ranging from ±3,000 to ±10,000 SF.; Convenient location south of the New Orleans Airport with access to Industry Road and Highway 61 (Airline Drive).; Heavy Industrial (H‑I) zoning allows for a wide range of industrial uses.
    (504) 569-9300
    We can help!
    Listing Contact
    Reed Wiley, CCIM
    Reed Wiley, CCIM
    Real Estate License ID: LA #BROK.995704349-ASA
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    940 Industry Rd, A3-A4, Kenner, LA 70062
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!