Industrial Investment

Industrial for Sale
Catylist Listing ID: 30170540
Property Subtypes: Net Leased
Building Size (RSF): 44,614 SF
Gross Building Area: See Agent
Sale Price: $1,750,000
Unit Price: $39.23 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 8.4%
Last Updated: 10/4/2017

Overview / Comments

6 acre site on the SW corner of Airline Hwy and S. Choctaw Dr. The site is mostly stabilized and includes approximate 44,614 SF of space of which 7,089 SF is office area and 37,525 SF is warehouse. This property is leased by TruckPro (http://www.truckpro.com/about) and has been occupied by TruckPro or their predecessors for decades. The lease is absolute net. Please see attached flyer for additional details.

Additional Details

Nearest MSA: Baton Rouge
County: East Baton Rouge
Submarket/Township: 60
Tax ID/APN: 645222
Zoning Description: M1 / C2

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,186 103,176 240,075
Median Age: 32.75 34.7 34.29
Households: 4,190 40,701 94,599

Contact

© Copyright Louisiana Commercial Database, LLC. All Rights Reserved. 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.