Property summary
This exceptional Kenner, Louisiana industrial property presents a compelling investment opportunity. The 5,400-square-foot building, constructed in 2007, sits on a 9,600-square-foot lot and is zoned S-I. Currently housing two tenants in a modified lease arrangement, this multi-tenant property offers immediate cash flow with a strong asking price of $680,000 ($125.93/sq ft and $340,000/unit). The building features a single story and boasts convenient access for 18-wheeler trucks. Each of the two units includes office space and two roll-up doors on the left side, enhancing functionality for a variety of businesses. Located within an established industrial park, this property benefits from excellent accessibility and a stable tenant base. The property's strong financials, combined with its strategic location and functional design, make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a well-maintained, income-producing industrial property in a thriving market. The property's solid construction and desirable features ensure long-term value and potential for appreciation. Don't miss this chance to secure a high-return investment in a prime Kenner location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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