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- LoopNet Team
13800 Old Gentilly Rd
New Orleans, LA 70129
Propel Park - Building 1 · Property For Lease
HIGHLIGHTS
- Potential Amenities: Coast Guard Exchange, Public Affairs, Medical Clinic, Employee Assistance Program, Athletic Fields, Cafeteria, Mission Assurance.
- Flexible construction options: Additional land allows for the unique needs of users, with build-to-suit or specialty-needs sites available.
PROPERTY OVERVIEW
Propel Park is a +/- 50 acre planned industrial park located at NASA's Michoud Assembly Facility in New Orleans, Louisiana that will include over 1 million sq. ft. of new modernized industrial space. Target users include light assembly, manufacturing, distribution, and office tenants. The first phase of development will be a 300,000 sq. ft. warehouse building. The development is planned to accommodate built-to-suits, in addition to spec buildings. Propel Park will provide a Class A product that does not currently exist in the market. The site is positioned to withstand extreme weather, surrounded by a 19.5 foot levee and substantial onsite pumps. There is 24/7 on-site security. On-site amenities include a Fitness Center, Coast Guard Exchange, Public Affairs, Medical Clinic, Employee Assistance Program, Athletic Fields, Cafeteria, Mission Assurance, etc. The site has been cleared and all infrastructure is in place. This is essentially the only development ready industrial site in the market.
PROPERTY FACTS
| Property Type | Industrial | Year Built | 2023 |
| Rentable Building Area | 259,000 SF |
| Property Type | Industrial |
| Rentable Building Area | 259,000 SF |
| Year Built | 2023 |
FEATURES AND AMENITIES
- Fitness Center
- Security System
