745 S Galvez St is an industrial property for lease in New Orleans, LA.
PORTFOLIO LISTING! This assembled group of six income producing and 100% leased properties, plus one parcel of vacant commercial land, are available for sale as one unit. Located with addresses in New Orleans, Metairie, Harvey, Baton Rouge & Hammond, the flex-style buildings are operating as a commercial refrigeration company (formerly Acme Refrigeration). All but one of the properties are now operated by a national corporation called United Refrigeration. The other location is operated by Ace Fastners. The primary term of the lease runs through April 2016 , plus two, five year options with CPI increases. The combined properties offer a Net Operating Income (NOI) of $203,777 annually. The property addresses are:
• 745 Galvez, New Orleans, Louisiana 70119
• 1525 Eighth Street, Harvey, Louisiana 70058
• 301 Hickory Street, Harahan, Louisiana 70123
• 4429 Hearst Street, Metairie, Louisiana 70001
• SQ 13, Lot 10-A Clearview Estates Subdivision; Hearst Street, Metairie, LA 70001
• 7494 S. Choctaw, Baton Rouge, Louisiana 70806
• 1713 Corbin Road, Hammond, Louisiana 70403
In total, the Portfolio consists of approximately 50,319 sf of buildings and 137,874 sf of land. Shown by appointment only. Please do not approach employees or walk in un-escorted by a listing agent. Call for more information or to set an appointment to visit.
Please describe your commercial real estate requirements. We’ll introduce you to local properties that match your criteria.