201 Evans Rd, New Orleans, LA 70123

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201 Evans Rd, New Orleans, LA 70123

New Orleans, LA | 72,926 sq. ft. | $ 112,306.04/mo

Space Available:	72,926 sq. ft.
Type:	Industrial Office - Warehouse
Est. Rent:	$1.54/SF/Month $18.48/SF/Year

201 Evans Road is located in Harahan, Louisiana, in the Elmwood submarket, just minutes from downtown New Orleans. The property is located just 7 miles from Louis Armstrong New Orleans Airport. Great access via Jefferson Highway or River Road - less than 3/4 mile from S. Clearview Parkway. 201 Evans Road is comprised of four buildings totaling 72,927 square feet of office space. Budgeted NOI for 2022 is $488,782. At the asking price of $6,450,000, the per foot price of $88.45 is well below market comparables. Budgeted income represents a 7.57% capitalization rate. Current occupancy is 76.77%. The buildings are in great condition and have been professionally managed with attentive ownership for many years. The properties are well maintained. Buyer will have very limited Cap Ex exposure. The demised spaces are smaller sized which appeals to the majority of tenants in the market. There are no large, hard to lease spaces or expensive demising costs. All spaces are first floor spaces with parking very near to the suite entrances, which is appealing to tenants in the covid environment.

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Warehouse Property Information

201 Evans Rd provides tenants 72,926 square feet of warehouse space for rent in New Orleans, LA.

This property is ideal for businesses seeking quality space for distribution, manufacturing and other warehouse uses.

For more details about 201 Evans Rd or any other warehouses in New Orleans, LA request a complimentary property report.

Our free comprehensive warehouse availability report provides the amount of loading docks/drive-in doors, clear height, AMPS, office square footage, detailed floor plans, infrastructure, and other important details about 201 Evans Rd, New Orleans, LA.

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New Orleans Local Warehouse Experts

WarehouseSpaces has assisted numerous companies and businesses locate warehouses for rent throughout the New Orleans area.

Our local experts help companies ranging from small businesses to large multinational corporations.

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We assist New Orleans area companies at every step of the lease process from property selection, scheduling tours, negotiating favorable lease terms and landlord concessions.

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Over the duration of a lease, our local experts can save you thousands of dollars, if not more by gaining free rent, early occupancy provisions, reduced rental rate, generous landlord covered tenant improvements and other considerations.

Call us today at (800) 481-0120 or fill out our requirement form to secure more info on the property of inquiry and free property availability report.