3200 Division St, Metairie, LA 70002

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Building Details:

3200 Division St is located in Metairie, LA.

The Property consists of 46,480 SF of land and a newly constructed 9,500 SF, 12-bay building which is leased to Goodyear Tire and Rubber Company (“Goodyear”). The Lease is corporately guaranteed by Goodyear and is NN in nature; Landlord is responsible for roof, structure, and parking lot replacement. Rent is expected to commence July 2011 and will extend for a peri-od of 15 years. The rent remains flat in the initial term with 5% increases in each of the five, 5-year options.