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5621 Salmen St

Elmwood, LA

About 5621 Salmen St

Elmwood Office Warehouse for Lease or Sale Location: Situated in the heart of Elmwood Business Park, in the first block east of Edwards Avenue. Site: Lot 32-B being 8,100 square feet, having dimensions of 30’ x 135’ Building: Approximately 3,000 SF, masonry building measuring roughly 58’ wide x 51’ deep and containing 1,800 SF of office are (entrance, large front private, three additional offices/rooms, break area and restrooms) in maintained condition. Construction: Concrete block building shell with brick veneer façade, insulated metal roof Zoning: M-1 (light industrial) Loading: Ground level via front 12’ x 14’ overhead door Parking: Six parking spaces Rental: $2,750 per month, net (operating expenses currently run approx $575.00/month) Sale Price: $320,000 - Parking Ratio: - Parking: - Buildings: - Building Condition: - Area: - Tenancy: - Ceiling Height: - Internet:

Internet Providers for 5621 Salmen St

Provider Technology Max Download Speed Max Upload Speed
AT&T Louisiana DSL
25 Mb/s
1.5 Mb/s
MegaPath Corporation DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Elmwood Business District

On average, listings lease in the $20's per square foot per year. The Elmwood Business District submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decrease in rent.

Compared to the rest of the Greater New Orleans Region market, the Elmwood Business District submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Median Rate Median Size
Elmwood Business District $24
/sqft/yr
3,000
sqft
Median Rate Median Size
Greater New Orleans Region $24
/sqft/yr
1,980
sqft

Median Rate over Time in Elmwood Business District