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Grainger Industrial Supply Center 601 S Galvez St

82,300 SF Vacant Flex Building New Orleans, LA 70119 $9,624,215 CAD ($117 CAD/SF)

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Investment Highlights

Great Opportunity for a Owner-User!
Access to Busline and Highway I-10

Current Paying Tenant!

Executive Summary

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.

Property Facts

Price	$9,624,215 CAD	No. Stories	1
Price Per SF	$117 CAD	Year Built	1980
Sale Type	Owner User	Parking Ratio	0.3/1,000 SF
Property Type	Flex	Clear Ceiling Height	28 ft
Property Subtype	R&D	No. Dock-High Doors/Loading	6
Building Class	C	No. Drive In / Grade-Level Doors	2
Lot Size	2.84 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Rentable Building Area	82,300 SF

Price	$9,624,215 CAD
Price Per SF	$117 CAD
Sale Type	Owner User
Property Type	Flex
Property Subtype	R&D
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 ft
No. Dock-High Doors/Loading	6
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Signage

Space Availability

1st Floor
61,000 SF
Flex
Full Build-Out
Now

Environ 61 000 pieds 2 d'espace de bureau/entrepôt à l'angle de la rue Galvez Sud et de la rue Poydras Emplacement idéal pour l'entreposage et la distribution dans toutes les parties de Mid-City, CBD et French Quarter. +/- 12 000 pieds carré d'espace de bureau/salle d'exposition dans divers états de réparation. Chargement par six (6) portes roulantes hautes de quai. L'entrepôt est partiellement climatisé. Autrefois occupée à titre d'entreprise de déménagement et d'entreposage à grande échelle. Entièrement aspergée.