Catylist ID:
#30743985
Leased Industrial Investment Property for Sale
Industrial
for Sale
| Catylist Listing ID: | 30743985 |
| Property Subtypes: | Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Net Leased, Warehouse/Distribution |
| Building Size (RSF): | 43,084 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 5.13 Acres |
| Sale Price: | $2,287,500 |
| Unit Price: | $53.09 PSF |
| Ceiling: | 20 ft. |
| Docks/Doors: | 3 Docks, 5 Doors |
| Drive In Bays: | 3 Bays |
| Property Use Type: | Investment, Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 100 |
| Last Updated: | 11/29/2022 |
Overview / Comments
|
Spartan Energy Services, LLC is the tenant in the front (larger) building with a lease which runs thru November 15, 2023. At lease execution this tenant added a new rear drive providing truck access and a dropdown area to the rear of the building. The cost of the work was at tenant’s expense. In the smaller warehouse in the rear of the property, Mulholland Energy's Five Year NNN Lease begin July 1,2022. Property Highlights • Located just east of Hwy. 171 (Mansfield Road) • Excellent ingress/egress • Property consists of two warehouse/ office buildings • 43,084 Total Square Feet • 5.1526 Acres of Land • Front Building 35,584 +/- Square feet • Rear Building is 7,500 +/- Square Feet • Building 1: • 1200 AMP 480V 3-phase electrical power • 105 tons of HVAC in warehouse • 10 tons of HVAC in offices • Multiple JIB cranes one 10-ton one 5-ton two 2-ton • 20’ at eaves • 25’ ridge Line • Paint booth • Goff Masterblast • Two test bays • Wash bay • Five o/h doors • One dock high door • Thirteen offices, reception area, storage rooms & breakroom • 3 sets of bathrooms • Building 2: • Two large offices • Two bathrooms • One ground level door |
Attachments & Media
Financials
| Finance Data Year | 2022 |
|---|---|
| Real Estate Taxes - Annual($) | $7,386 (Annual) |
| Net Operating Income | $147,000 (Annual) |
| Actual or Proforma Year | Actual |
Additional Details
| Nearest MSA: | Shreveport-Bossier City |
| County: | Caddo |
| Tax ID/APN: | 161420000013700 |
| Zoning: | INDUSTRIAL |
| Property Located Between: | Mansfield Road |
| Highway Access: | Three Miles from I-49 and and six miles from I-20 |
| Airports: | Shreveport Regional |
| Site Description: | Two Buildings on 5.1526 Acres |
| Area Description: | Industrial Area |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 2 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Exterior Description: | Industrial Steel warehouse buildings with Gantry Cranes |
| Parking Type: | Structure |
| Total Parking Spaces: | 30 |
| Overhead Cranes: | 3 |
| X-Phase: | 3 |
| Heat Type: | Electricity |
| Heat Source: | Central |
| Air Conditioning: | Air Curtain |
| Internet Access: | Cable, DSL, ISDN, Satellite, T1/T3, Fiber Optic |
| Interior Description: | Office Warehouse |
| Zoning Description: | Industrial |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | Two Industrial Warehouses on |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 25,770 | 57,165 |
| Median Age: | 38.02 | 36.45 |
| Households: | 10,393 | 22,635 |
| © Copyright 2001-2022 Catylist. 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. |
