This 9.92-acre M-1 zoned industrial outdoor storage property presents a stabilized, income-generating investment within St. Charles Parish. Currently fully leased to Enterprise Rent-A-Car under a long-standing triple net (NNN) arrangement, the site delivers reliable cash flow with the tenant responsible for taxes, insurance, and maintenance. The asset's mission-critical proximity to Louis Armstrong New Orleans International Airport (MSY) supports ongoing demand for vehicle storage and logistics operations in one of the region's most active industrial submarkets.
The property combines favorable lease terms with income stability, featuring a tenant in occupancy for more than 12 years and a structure that includes periodic NOI increases. Frontage along US Hwy 61 and convenient access to I-310 and I-10 ensure seamless regional connectivity, positioning this site for continued operational and financial security. With its outdoor lighting, on-site office, and M-1 zoning that accommodates broad industrial uses, this property represents a hands-off, long-term investment opportunity in a high-demand corridor.