+100,000 SF Climate Controlled/Sprinklered Warehouse off I-12

Industrial for Sale
Catylist Listing ID: 30634294
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Light Industrial, Net Leased, Office Showroom, Research & Development, Self Storage, Warehouse/Distribution
Building Size (RSF): 102,450 SF
Gross Land Area: 7.04 Acres
Sale Price: $4,950,000
Unit Price: $48.32 PSF
Docks/Doors: 3 Docks
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/13/2020

Overview / Comments

- 85% of space is Climate Controlled
- Sprinklered
- Easy access with light on O'Neal Lane
- Interstate visibility
- Three (3) Docks (could easily add more)
- 24 Ft Clear Height
- +/- 480 Parking Spaces (4.8 per 1,000)
- Two (2) Current Tenants:
- ProSource Flooring: 48,405 SF (Lease Exp. Dec. 31, 2021)

*** +/- 480 Parking Spots (4.8 per 1,000 SF). Parking lot was repaved/striped in August, 2019. See updated picture.

I-12 and O'Neal.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 42
Tax ID/APN: 886343
Zoning: WAREHOUSE/ LIGHT INDUSTRIAL
Property Located Between: I-12 and O'Neal
Highway Access: Conveniently located within 0.25 miles from Interstate 12.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Roof Type: Flat
Parking Ratio: 4.7 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 480
Eave Height: 24
Sprinklers: Wet
X-Phase: 3
Heat Type: Electricity
Heat Source: Central
Zoning Description: Warehousing/Light Industrial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,056 70,851 158,182
Median Age: 35.93 35.12 36.16
Households: 3,223 27,868 62,358
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.