601 S Galvez St - R&D FOR SALE


New Orleans, LA 70119- Tulane-Gravier
$6,700,000 USD
504-669-8722
601 S Galvez St, New Orleans, LA for Sale
$6,700,000 USD
R&D - FOR SALE
1/18
null | Request Cap Rate

601 S Galvez St
New Orleans, LA 70119
Tulane-Gravier


HIGHLIGHTS

  • Great Opportunity for a Owner-User!
  • Current Paying Tenant!
  • Access to Busline and Highway I-10

OVERVIEW

Approximately 82,300 sf of office/warehouse space at the corner of South Galvez St. and Poydras St. Ideal location for storage and distribution to all parts of Mid-City, CBD, and French Quarter. +/- 12,000 sf of office/showroom space in various states of repair. Loading via six (6) dock high rolling doors. Warehouse is partially climate-controlled. Formerly occupied as a large-scale moving and storage company. Fully sprinklered. +/- 17,500 SF is leased to Grainger. Lease transfers to Buyer.

FOR SALE DETAILS

PRICE

$6,700,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Grainger Industrial Supply Center

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

R&D

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

28 Ft

DOCKS

6

DRIVE INS

2

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2.84

LAND SF

123,710

ZONING

H1

APN/PARCEL ID

1-04-1-051-03

ASK ABOUT THIS PROPERTY

Trimble GreenNAI Latter & Blum, Inc. RealtorsMore Info
504-669-8722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Trimble GreenNAI Latter & Blum, Inc. RealtorsMore Info
504-669-8722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.