DIMENSIONS:

566′ by 500′ (street frontage is 566′, water frontage is 566′), for a total of 6.5 acres

CONDITION: Very well filled, extremely stable property.

NOTES:

Site has one entrance on Destrehan Avenue with excellent visibility from Lapalco Boulevard. Entrance is a 40’ standard driveway with roll over curbs and direct access to Destrehan Avenue. Entire property is fenced on three sides (excludes waterfront); access is controlled by a sliding gate.

IMPROVEMENTS:

Main building is a high cube, steel frame fabrication structure. Total building space for fabrication is approx. 35,000 s/f. Building also has a 3 dimensional 50-ton overhead crane and various 5-ton sidewall mounted cranes that affect the entire facility. There is an additional 2,400 s/f of well-appointed office space attached to the fabrication facility. There are additional small outbuildings used for storage, painting etc. Excellent power is in place. The entire yard is piped for compressed air from a central compressor system. Property also has sewerage and water.

YARD:

The entire yard has been covered with limestone and/or clam shells. Access and visibility to/from Destrehan Avenue is excellent. Recent Improvements have resulted in improved/subsurface drainage for the entire yard. Waterfront has a steel bulkhead of approximately 100’. The balance of the waterfront is composed of rip rap (broken concrete).

ZONING:

Site is zoned M-3, Heavy Industrial and is in an Enterprise Zone.

ADDITIONAL NOTES/RATE:

Site is on Destrehan Avenue. Destrehan Avenue has recently been expanded to Four (4) lanes and extended from the WestBank Expressway to the Lafitte-Larose Highway. Truck and vehicle access has been greatly improved. Project was finished year-end 2007.
Of especial importance is that the property is on the secure side of both the West Closure Complex (world’s largest flood gate and pump station) and the Harvey Canal Sector Gate (flood gate at Lapalco Boulevard). The site is very well protected from any storm events.
Currently under long-term Lease.

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