824 Reverend Richard Wilson Drive

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824 Reverend Richard Wilson Drive

Kenner, LA 70062
Asking Price
$2.40M
Asset Type
Distribution Industrial
Class
Class B

What's Special

Flexible, Scalable, and Built for Modern Industrial Use <ul><li>​<strong>±11,400 SF New Construction Flex Building</strong></li><li>​<strong>±9,500 SF Warehouse | ±1,800 SF Office</strong></li><li>​Configurable for <strong>single user or up to four (4) tenant demising options</strong></li><li>​Situated on <strong>3+ acres</strong> with <strong>yard space for storage, parking, or expansion</strong></li><li>​<strong>Four (4) grade-level roll-up doors</strong> for efficient operations</li><li>​<strong>Zoned L-I (Light Industrial)</strong> allowing for a

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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686

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