80,000 SF Industrial + Office Facility - Available

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30590900
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Net Leased, Office Showroom, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Status: Pending/Contingent
Building Size (RSF): 80,000 SF
Gross Land Area: 4.92 Acres
Sale Price: $3,995,000
Unit Price: $49.94 PSF
Docks/Doors: 4 Docks, 4 Doors
Drive In Bays: 2 Bays
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/22/2021

Overview / Comments

80,000 SF industrial facility capable of servicing today’s increasing needs for storage, distribution and logistics. Ideally located 1/3 mile south from I-12 near the I-55 interchange, this 4.92 acre site includes ample parking and loading areas for a variety of users.

The ever-increasing demand for 3PL fulfillment centers boosts the marketability of 42548 Happywoods, especially given the flexible interior layout that includes 10,000 SF of office and 20,000 SF of climate controlled support space and 50,000 SF of warehouse area featuring 24’ clear heights with dock high and grade level access, a three-phase electrical system and two backup generators (206 kW natural gas and a 500 kW diesel).

The facility is positioned to service all of the major and minor markets in the Southeast region and beyond via connectivity to the I-10, I-12, I-55 & I-49 corridors, as well as numerous highways and local thoroughfares. Owner is motivated and list price was recently reduced by more than $750,000. Bring all offers!

There are also (4) lots owned by the same entity that could potentially be available in a sale or lease agreement as additional support parcels.

Attachments & Media

Additional Details

Nearest MSA: Hammond
County: Tangipahoa
Submarket/Township: 84
Taxing Authority: Tangipahoa Parish Assessor
Tax ID/APN: 6299490
Tenancy: Multiple Tenants
Property Condition: Excellent
Year Built: 2008
Parking Type: Surface
Eave Height: 24
Legal Description: Lot 3-A-1, location in Section 40, Township 6 South, Range 7 East and Section 45, Township 7 South, Range 7 East, Tangipahoa Parish, State of Louisiana

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,283 33,243 54,987
Median Age: 34.11 32.7 32.02
Households: 907 12,352 20,672


Photograph of Listing Agent

Pat Browne III

The McEnery Company Inc New Orleans, LA 70112
LACDB Member
Photograph of Listing Agent

S. Parkerson (Parke) McEnery

The McEnery Company New Orleans, LA 70112
LACDB Member
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