NNN Single-Tenant Investment for Sale - BLENDED CAP RATE 7.38%

Industrial for Sale
Catylist Listing ID: 30811895
Property Subtypes: Research & Development
Building Size (RSF): 55,000 SF
Gross Building Area: See Agent
Sale Price: $3,750,000
Unit Price: $68.18 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2022

Overview / Comments

Single-Tenant NNN Industrial Investment Property for Sale

55,000 SF Office Warehouse that sits on approximately 4.67 Acres

R&D Manufacturing User

Tenant is currently paying below market rent

5 year primary term with credit tenant commencing August 1, 2022

The tenant had been leasing this building since 2010

Contact Agents for a copy of the Offering Memorandum.

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: Livingston
Submarket/Township: 81
Tax ID/APN: 0336677

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,134 31,769 92,421
Median Age: 35.21 35.54 34.18
Households: 2,735 11,769 33,898

Contact

Photograph of Listing Agent

Ty H Gose

NAI/Latter & Blum Commercial Baton Rouge Baton Rouge, LA 70806
LACDB Member
Photograph of Listing Agent

Michael Cashio

NAI/Latter & Blum Commercial Baton Rouge Baton Rouge, LA 70806
LACDB Member
Photograph of Listing Agent

Jake Loach

NAI/Latter & Blum Commercial Baton Rouge Baton Rouge, LA 70806
LACDB Member
© 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.