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For Sale

Income-Producing Industrial Outdoor Storage (IOS) Investment Opportunity

421 Almedia Rd,
Saint Rose, LA 70087

Asset Snapshot

8.32 Acres
Land Area

Offering Summary

Investment Overview

This 9.92-acre M-1 zoned industrial outdoor storage site offers a turnkey investment with stable, long-term income in a high-demand location within St. Charles Parish. Currently under a triple net (NNN) lease to Enterprise Rent-A-Car, a nationally recognized tenant with excellent credit, the property generates reliable cash flow while the tenant is responsible for taxes, insurance, and maintenance. Ideally positioned for continued use as a vehicle storage and rental facility, this stabilized, income-generating asset sits in a growing industrial submarket. The site provides immediate income and operational continuity with a tenant in place.


Investment Highlights

  • Hands-off NNN investment
  • Mission critical location near New Orleans International Airport (MSY).
  • Tenant has leased property for 12+ years.
  • Below market lease rate
  • NOI Increase 12/26
  • Fully Stabilized site with outdoor lighting and 1,000 SF office
  • Zoning: M-1 (Light Industrial) — supports a wide range of commercial, industrial, outdoor storage, and vehicle-related uses.
  • Excellent connectivity: Just 0.9 miles to I-310, 2.7 miles to I-10, with direct frontage access via US Hwy 61 and State Rte 50.

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Listing Syndicated From

Buildout
For Sale
$3,900,000
Asking Price