80,000 SF Industrial + Office Facility - Available

Industrial for Sale
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
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: 9/21/2020

Overview / Comments

Located a 1/2 mile from I-12 near the I-55 interchange, this is an extremely well located, 80,000 SF distribution and light manufacturing facility built in 2008. The site is 4.915 acres with ample parking. Improvements include 50,000 SF of warehouse space, featuring 24' eave height with dock high and grade level access and a three-phase electrical system. The warehouse area was previously divided into two sections that were 25,000 SF each.

The building also includes 10,000 SF of office and 20,000 SF of climate controlled support space that was previously utilized as a call center with a seating capacity of 400 people. Due to the eave height, this 20,000 SF area could also be used as climate controlled warehouse space. 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 and I-49 corridors, as well as numerous highways and local thoroughfares.

This location can service many uses, especially related to COVID-19 response efforts in Louisiana. Well suited for freight terminal/distribution and logistics, testing/training facilities and response centers.

TWO BACK-UP GENERATORS (206 kW natural gas and a 500 kW diesel)

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

Contact

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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