Industrial & Showroom Property in New Market Tax Credit Zone

Industrial for Sale
Catylist Listing ID: 30164762
Property Subtypes: Free-Standing, Manufacturing, Mixed Use, Light Industrial, Net Leased, Office Showroom, Warehouse/Distribution, Other
Building Size (RSF): 72,900 SF
Gross Land Area: 180,573 SF
Sale Price: $2,500,000
Unit Price: $34.29 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Thomas Marine
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Average Occupancy Rate: 80
Last Updated: 7/10/2019

Overview / Comments

Multi Use – Property includes Thomas Marine Retail Showroom & Service Center
Showroom Retail Center 14,000 SF/Service Shop 8,100 (OWNER LEASE BACK)
Light Industrial –20,000 Warehouse with Light Industrial Zoning
16,000 Warehouse Zoned Light Industrial Currently Storage
6,000 Storage Building
3,000 Storage
Mixed Use Retail Includes:

1800 SF Restaurant Building & Separate Parking
can be sold with or without Thomas Marine Dealership.

Additional Details

Nearest MSA: Baton Rouge
County: Ascension
Submarket/Township: 91
Taxing Authority: City of Gonzales
Tax ID/APN: 002540400
Property Located Between: Hwy 22 & Hwy 44 on Airline Hwy (U S HWY 61)
Highway Access: U S Hwy 61
Airports: Baton Rouge or New Orleans
Site Description: Prime Industrial/Commercial Site with Rail at back property line. Ideal for National Storage or Industrial business needing access to Airline Highway and Interstate 10 between Baton Rouge and New Orleans. This property did not flood in Great Flood of August 2016.
Area Description: Located in New Market Tax Credit Zone in City of Gonzales is pro business and this site has Zoning for many business types. Seven Buildings on the property with hard surface paving and easy access to all major highways, local restaurants, services and utilities.
Tenancy: Multiple Tenants
Total Number of Buildings: 7
Number of Stories: 1
Heat Type: Electricity
Heat Source: Central, Ceiling Units
Internet Access: Cable, T1/T3
Zoning Description: Light Industrial/Retail/Commercial on 419 S. Airline Parcel CIT on 339 S. Airline 1.84 Acreage
Lot Frontage: 577 Ft on Airline Hwy.
Lot Depth: Varies
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Thomas Marine Properties LLC

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,726 24,422 55,944
Median Age: 37.18 35.4 34.7
Households: 1,805 8,965 20,227


Photograph of Listing Agent

Joe G Moore

RE/MAX First Baton Rouge, LA 70816
LACDB Member
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