Property profile

2504 Lexington Ave Kenner, LA 70062

OFF-MARKET
Warehouses
Property ID
US36-0008919
20,909 SF
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Property summary

AI-generated overview

This exceptional 5,000-square-foot flex/warehouse space in Kenner, Louisiana, is available for lease. Located at 2504 Lexington Ave, 70062, this single-tenant property sits within a larger 20,909-square-foot building. Boasting 19-foot center and 17-foot side clear heights, the space features three 12' x 14' overhead doors for convenient access from the front, rear, and northern side. A sizable 4,206.40-square-foot stabilized rear yard provides ample outdoor space. An aside drive offers additional access via Bainbridge Avenue. The interior layout includes three private offices, a reception area, a breakroom, and two restrooms, plus an additional shop restroom at the rear. Mezzanine storage is equipped with racks and a finished office. Three-phase power is available. The property is zoned L-I, Light Industrial (APN: 0920021313, Jefferson Parish). 2023 operating expenses totaled $1,401.68 per month ($3.36 per square foot per year), encompassing taxes, building insurance, flood insurance, and general liability insurance. The current owner-occupant plans to vacate on June 1st, 2024. This property presents a fantastic opportunity for businesses seeking a well-equipped and conveniently located warehouse space in Kenner.

Property profile

Verified
Property type Warehouses
Total area 20,909 SF
UPID US36-0008919

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2504 Lexington Ave Kenner, LA 70062
Kenner metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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