Two Office Warehouses for Sale in Southwest Shreveport

Industrial for Sale
Also listed as Special Purpose
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: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 4/15/2024

Overview / Comments

Annual NOI $147,000.00
CAP Rate 6.7%
OWNER FINANCING AVAILABLE FOR QUALIFIED BUYERS

PROPERTY INFORMATION
35,584 sq. ft. warehouse, Building A, Leased Renewed for 3 Years Starting December 1, 2023. NN Lease
The Tenant in Building B in the rear of the property signed a 5 year NN Lease beginning July 1,2022.
Property Highlights
Located just east of Hwy. 171
(Mansfield Road)
Excellent ingress/egress
Property consists of two office warehouse 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 A:
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 B:
Two large offices
Two bathrooms
One ground level door

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: Septic
Legal Description: Two Industrial Warehouses on

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 25,770 57,165
Median Age: 38.02 36.45
Households: 10,393 22,635

Contact

Photograph of Listing Agent

Chris Stokes

Walker-Alley & Associates Shreveport, LA 71166
LACDB Member
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