Description
OPPORTUNITY ZONE PROPERTY: Located in the heart of Mid City, this historic office and warehouse property is leased on a NNN basis to El Guapo Bitters and is now available for sale. The property includes over 30,000 SF of improvements on nearly 1.5 acres of land. The property includes a full buildout complete with functional warehousing/storage/distribution space and like-new office space. The tenants lease expires in October 2026, at which point they have a 5-year option to renew. El Guapo Bitters, the Tenant at the site, manufactures, and distributes alcohol-free cocktail bitters, syrups, and mixers from the site, and is currently the all-time winning-est company in the Good Food Award elixir category. The property is a 7-minute drive from downtown New Orleans and is in close proximity to major transportation arteries I-10 and Jefferson Davis Parkway. Also included are 3 vacant lots across Gravier Street.
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0BEDS
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1.5ACRES
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0BATHS
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01/2 BATHS
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32,527SQFT
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$111$/SQFT
School Ratings & Info
Description
OPPORTUNITY ZONE PROPERTY: Located in the heart of Mid City, this historic office and warehouse property is leased on a NNN basis to El Guapo Bitters and is now available for sale. The property includes over 30,000 SF of improvements on nearly 1.5 acres of land. The property includes a full buildout complete with functional warehousing/storage/distribution space and like-new office space. The tenants lease expires in October 2026, at which point they have a 5-year option to renew. El Guapo Bitters, the Tenant at the site, manufactures, and distributes alcohol-free cocktail bitters, syrups, and mixers from the site, and is currently the all-time winning-est company in the Good Food Award elixir category. The property is a 7-minute drive from downtown New Orleans and is in close proximity to major transportation arteries I-10 and Jefferson Davis Parkway. Also included are 3 vacant lots across Gravier Street.
Broker and Associates are licensed in the State of Louisiana, USA.
The Puckett Team | Latter & Blum || 985-641-4540 || Slidell, LA.
Terms & Conditions
© 2024 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Puckett Team | Latter & Blum. Data last updated: 2024-12-04T22:35:51.77.
Listing courtesy of Gulf South Real Estate Information Network.