Office Space - For Sale
1506 Williams Boulevard Kenner, LA 70062
Details & Description
Price: $850,000
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.000
  • Building Sq Ft 5,618
  • Building Price per Sq Ft $151.30
NNN leased investment property on Williams Blvd., in Kenner, Louisiana with minimal landlord responsibilities. The multi-tenant office building is 5,618 square feet and situated on 0.45 acres. Thirty-two (32) on-site parking spaces are included in the sale. Renovated in 2013, this office investment is in excellent condition.The property is currently 100% leased to an engineering firm and law firm.? The tenants have four years remaining on a seven-year lease with an NOI of $72,000/year.?Kenner is the seventh-largest city in Louisiana. It is the largest city in Jefferson Parish and the largest incorporated suburban city of New Orleans. Kenner is located on the west side of the New Orleans-Metairie-Kenner metro area, in Jefferson Parish. Its boundaries are Lake Pontchartrain to the north, the Mississippi River to the south, the unincorporated areas of Metairie and River Ridge to the east, and St. Charles Parish to the west.The New Orleans MSA, with an estimated 586,200 nonfarm workers, is the largest MSA in the state. Situated in the “toe of the boot” near the mouth of the Mississippi, the MSA’s system of ports ranks among the largest in the world in terms of tonnage moved. It houses a huge medical complex for veterans and non-veterans, and it is the home to several universities—the largest being the University of New Orleans and Tulane University. New Orleans proper is a tourism magnet, in some cases attracting tourists to the unique French Quarter and to the MSA’s substantial gaming industry—anchored by the state’s only land-based casino, two other riverboat casinos, and the Fair Grounds Racetrack. Several large refineries (including the third largest in the country) and chemical firms reside within this MSA’s boundaries, along with some key energy exploration companies such as Chevron and Shell. Recently the region has begun attracting a burgeoning tech sector.
Additional Photos
Listing Agents
Justin Langlois

O: 225-329-0287
M: 225-445-6434
jlanglois@stirlingprop.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

1506 Williams Boulevard

Kenner, LA 70062

Listing ID: 239203
$850,000
For Sale
  • Property Type Office for Sale : Professional
  • Lot Size Acres 0.000
  • Building Sq Ft 5,618
  • Building Price per Sq Ft $151.30
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Description

NNN leased investment property on Williams Blvd., in Kenner, Louisiana with minimal landlord responsibilities. The multi-tenant office building is 5,618 square feet and situated on 0.45 acres. Thirty-two (32) on-site parking spaces are included in the sale. Renovated in 2013, this office investment is in excellent condition.

The property is currently 100% leased to an engineering firm and law firm.? The tenants have four years remaining on a seven-year lease with an NOI of $72,000/year.?

Kenner is the seventh-largest city in Louisiana. It is the largest city in Jefferson Parish and the largest incorporated suburban city of New Orleans. Kenner is located on the west side of the New Orleans-Metairie-Kenner metro area, in Jefferson Parish. Its boundaries are Lake Pontchartrain to the north, the Mississippi River to the south, the unincorporated areas of Metairie and River Ridge to the east, and St. Charles Parish to the west.

The New Orleans MSA, with an estimated 586,200 nonfarm workers, is the largest MSA in the state. Situated in the “toe of the boot” near the mouth of the Mississippi, the MSA’s system of ports ranks among the largest in the world in terms of tonnage moved. It houses a huge medical complex for veterans and non-veterans, and it is the home to several universities—the largest being the University of New Orleans and Tulane University. New Orleans proper is a tourism magnet, in some cases attracting tourists to the unique French Quarter and to the MSA’s substantial gaming industry—anchored by the state’s only land-based casino, two other riverboat casinos, and the Fair Grounds Racetrack. Several large refineries (including the third largest in the country) and chemical firms reside within this MSA’s boundaries, along with some key energy exploration companies such as Chevron and Shell. Recently the region has begun attracting a burgeoning tech sector.

Attachments & Files
Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
New Orleans History of Office Space for Sale

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Kenner Area Market Trends

Listing Demographics for 1506 Williams Boulevard Kenner, LA 70062

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population10,717104,276223,387
Population Median Age424040
Population by Age0-9 Yrs1128 (10%)12743 (12%)27191 (12%)
10-19 Yrs1070 (9%)12342 (11%)24253 (10%)
20-29 Yrs1444 (13%)13664 (13%)29712 (13%)
30-39 Yrs1258 (11%)13727 (13%)30383 (13%)
40-49 Yrs1049 (9%)11723 (11%)26873 (12%)
50-59 Yrs1900 (17%)14920 (14%)30400 (13%)
60-69 Yrs1428 (13%)13349 (12%)28819 (12%)
70+ Yrs1441 (13%)11808 (11%)25755 (11%)
Median HH Income$52,423$54,628$56,991
Total Household Income< 24K980 (22%)8873 (22%)18968 (21%)
25-49K1092 (25%)9429 (23%)20187 (22%)
50-74K914 (21%)7512 (18%)16041 (17%)
75-99K577 (13%)5101 (12%)11260 (12%)
100-199K704 (16%)7545 (18%)18203 (20%)
200K+63 (1%)1443 (3%)4602 (5%)
Highest Education LevelNo Diploma14071058718348
Diploma or GED29312337947359
Some College19441632435804
Assoc. Degree40144109300
Bachelors Degree9041242232049
Higher Degree295538515602
Total Housing Units4,68043,75798,171
--Owner-Occupied2,86725,55854,344
--Renter-Occupied1,46414,34534,915
Owner-Occupied Values< 100K24824614668
100-199K18901261820856
200-299K676750817607
300-399K4016726266
400-499K06012506
500K+136992442
Total Working Age Population8,98983,956180,949
In Work Force5,68453,149117,783
Not In Work Force3,30530,80863,166
Workforce Employed5,39550,193111,876
Workforce Unemployed2842,8845,507
Civlian Workforce5,67953,077117,382
Military Workforce572401
Total Households4,33039,90389,259
Family Households2,61026,07655,949
Non-Family Households1,72113,82633,310
Married Couple1,67817,17938,773
Other Family9318,89717,176
Married w/Child5606,45813,970
Single Male w/Child1591,1472,184
Single Female w/Child1912,6966,204

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Louisiana4,468,976+14,533,372+14,588,310+54,813,420
Jefferson Parish455,466-5432,552+4450,200+1454,670
Lafourche Parish89,974+796,318095,990095,990
St. Charles Parish48,072+1052,780+1057,930+560,580
St. John the Baptist Parish43,044+745,924+2557,410+1365,110

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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3001 5th Street, Metairie, LA $750,000 3360 -
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721 Hillary Street, New Orleans, LA $740,000 2212 0.08
723 Hillary Street, New Orleans, LA $875,000 2760 0.1
Closest Commercial Airports
Airport Distance (mi)
Louis Armstrong New Orleans International Airport (MSY) 1
Gulfport Biloxi International Airport (GPT) 76
Lafayette Regional Airport (LFT) 105