Value-Add Industrial | Income-Generating 3 Industrial Properties Offered at $2,250,000 in Westwego, LA
INVESTMENT HIGHLIGHTS
- Three-property industrial campus with SR 18 frontage and affording access to US Highway 90 in approximately three minutes.
- There are over 81,000 residents earning an average household income of over $90,780 live within a 3-mile radius of the property.
- This offering is surrounded by public bus lines and lies within proximity to national retailers, including Sonic, Family Dollar, Domino’s, and more.
- Premier offering with income-generating tenants and ample space for an owner/user in search of space for expansion.
- Over 5,000 businesses reside within a 3-mile radius and employ over 38,000 people.
EXECUTIVE SUMMARY
Three-property industrial campus with SR 18 frontage and affording access to US Highway 90 in approximately three minutes.
DATA ROOM Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
PROPERTY FACTS
| Price | $2,250,000 |
| Price / SF | $49.44 / SF |
| Cap Rate | 6.93% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 45,506 SF |
| Total Land Area | 2.80 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 521 Saint Die St, Westwego, LA 70094 | Industrial | 1,200 SF | - | - |
| 1424 4th Street, Westwego, LA 70094 | Industrial | 25,000 SF | 1990 | - |
| 1490 Fourth St, Westwego, LA 70094 | Industrial | 19,306 SF | 1990 | - |
