Leased Investment + 7 Acres of Land & Buildings

Industrial for Sale
Catylist Listing ID: 30621438
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Net Leased, Office Showroom, Self Storage, Warehouse/Distribution
Building Size (RSF): 25,563 SF
Gross Building Area: See Agent
Sale Price: $2,200,000
Unit Price: $86.06 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/13/2020

Overview / Comments

5 Year Leased Industrial Investment with *BONUS* Multiple Buildings totaling 25,563 SqFt on 7.5 + Acres.

Building E: 17,793 SqFt Office/Warehouse Currently Leased to DXP Enterprises on a 5 Year NNN Lease with $67,369 NOI.

Property consists of five (5) buildings in total - see building breakdown below. Property is conducive for Lay-down Yard / Future Building Expansion. Did NOT Flood in 2016.

No Zoning, which allows for a multitude of uses. Building A is equipped with an EPA Title V Permit, which is a grandfathered clean air act permit allowing users increased air pollutant density.

Building A: 12,453 SqFt Warehouse
Building B: 4,710 SqFt Office
Building C: 5,880 SqFt Warehouse
Building D: 2,520 SqFt Warehouse

Total Land Size available is 7.7 Acres

Located in the "I-12 Corridor" on Florida Blvd in between S. Range and Juban Rd.

Current Tenants

Tenant Business Name DXP Enterprises

Additional Details

Nearest MSA: Baton Rouge
County: Livingston
Submarket/Township: 81
Tax ID/APN: 0081562

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,123 46,370 73,762
Median Age: 34.46 34.04 33.58
Households: 2,233 16,889 26,554
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.