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601 S Galvez St
New Orleans, LA 70119
Grainger Industrial Supply Center · Flex Property For Sale
Executive Summary
FULLY LEASED INDUSTRIAL INVESTMENT - CALL AGENT FOR DETAILS
Approximately 82,300 sf of office/warehouse space at the corner of South Galvez St. and Poydras St.
Property is leased to Grainger Industrial Supply Co. and Southwest Surplus, Inc., providing significant income to Purchaser. Leases transfers to Buyer.
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.
Approximately 82,300 sf of office/warehouse space at the corner of South Galvez St. and Poydras St.
Property is leased to Grainger Industrial Supply Co. and Southwest Surplus, Inc., providing significant income to Purchaser. Leases transfers to Buyer.
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.
Property Facts
| Sale Type | Investment | Year Built | 1980 |
| Property Type | Flex | Parking Ratio | 0.3/1,000 SF |
| Property Subtype | Flex Research & Development | Clear Ceiling Height | 28’ |
| Building Class | C | No. Dock-High Doors/Loading | 6 |
| Lot Size | 2.84 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 82,300 SF | Opportunity Zone |
Yes
|
| No. Stories | 1 | ||
| Zoning | H1 | ||
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | C |
| Lot Size | 2.84 AC |
| Rentable Building Area | 82,300 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 0.3/1,000 SF |
| Clear Ceiling Height | 28’ |
| No. Dock-High Doors/Loading | 6 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | H1 |
Amenities
- Signage
Property Taxes
| Parcel Number | 1-04-1-051-03 | Improvements Assessment | $403,310 |
| Land Assessment | $210,500 | Total Assessment | $613,810 |
Property Taxes
Parcel Number
1-04-1-051-03
Land Assessment
$210,500
Improvements Assessment
$403,310
Total Assessment
$613,810
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