For Lease
$4.75/SF/YR

2940 Royal St New Orleans, LA 70117

Spacious Bywater Warehouse, 11 Docks, Immediate Occupancy

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 63,244-square-foot warehouse, located at 2940 Royal Street in New Orleans' vibrant Bywater neighborhood, presents a significant industrial opportunity. The property boasts a single-tenant occupancy, offering immediate availability for a new lessee. The building is classified as Class B and features impressive ceiling heights ranging from 17 to 25 feet, providing ample vertical space for storage and operations. Eleven loading docks and one drive-in door ensure efficient loading and unloading capabilities. The expansive lot size of 87,092 square feet offers significant potential for expansion or outdoor storage. The property is zoned HU - MU, Historic Marigny/Treme/Bywater Mixed-Use District, within Orleans Parish, Louisiana, and has a zip code of 70117. The building's total square footage is 63,244 square feet, all of which is currently vacant. Net, Net, Net (NNN) charges are $1.14 per square foot annually, a rate guaranteed for a maximum of 24 months. The owner is open to considering leasing the entire building or a portion thereof. This prime location offers easy access to major transportation routes and is situated within a dynamic and rapidly developing area. This warehouse is ideal for businesses seeking a large, well-equipped space in a desirable New Orleans location.

Highlights

  • 2940 Royal Street, New Orleans, LA 70117
  • NNN lease at $3.00/SF; Real Estate Taxes: $4,617.72/month; Insurance pro-rated prior to occupancy.
  • 63,244 SF building with 912 SF of office space.
  • 87,092 SF lot.
  • HU-MU zoning (Historic Marigny/Treme/Bywater Mixed-Use).
  • 11 dock-high doors, 1 ramp door.

Property Details for 2940 Royal St

Property type
Warehouses, Industrial properties
RSF (Rentable sq. ft)
63,244 SF
Class
B

Unit(s) available at that property

Space
Available Suite 1
Size
63,244 SF
Rate per SF
$4.75

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.9639241
Longitude
-90.0480596

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FAQs

What type of property is this?
Warehouse - Spacious Bywater Warehouse, 11 Docks, Immediate Occupancy
Where is the warehouse located?
The property is located at 2940 Royal St New Orleans, LA.
What is the lease rate?
The lease rate is $4.75/SF/YR.
What are key features of this property?
This property features: 2940 Royal Street, New Orleans, LA 70117; NNN lease at $3.00/SF; Real Estate Taxes: $4,617.72/month; Insurance pro-rated prior to occupancy.; 63,244 SF building with 912 SF of office space.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Bobby Talbot
Bobby Talbot
Visit Broker Website

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Royal St
New Orleans, LA 70117

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Royal St
New Orleans, LA 70117

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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2940 Royal St
  • Bobby Talbot
    Bobby Talbot
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