20,556 SF WH/Office Off Hwy 165 S

Industrial for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30475944
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Self Storage, Truck Terminal, Warehouse/Distribution, Other
Building Size (RSF): 20,556 SF
Gross Land Area: 0.92 Acres
Sale Price: $665,000
Unit Price: $32.35 PSF
Ceiling: 21.9 ft.
Docks/Doors: 2 Docks, 2 Doors
Office SF: 3,200 SF
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Building Name: Norred Fire Systems/CC Gymnastics
Usable Size (USF): 20,556 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/14/2020

Overview / Comments

20,556 SF Solid Masonry Construction just off I-20/Hwy 165. 17,356 SF Warehouse - available as a whole or can be easily sub-divided as a lease. 3,200 SF Office Space offer window views to the main warehouse floor for convenient observation.

Currently the majority of the warehouse space is under lease month to month with CC Gymnastics. A 30-day notice is required whether leasing or buying.

Highlights of this property: An Extra 6,156 SF Mezzanine Storage Space; Two Covered Truck Wells; Two Drive In Loading Areas; Easily Divided for 2 Tenants with Separate Entrances and Storage. Warehouse Ceiling Height at approximately 22 Feet. Office Ceiling Height at 9 Feet. 2 Handicapped Accessible Restrooms.

Multiple Opportunities for Use: Truck Terminal, Climate Controlled Storage, Sports Training, Warehouse Distribution, Large Utility Vehicle Repair and Maintenance.

Additional Details

Nearest MSA: Monroe
County: Ouachita
Taxing Authority: Ouachita Parish
Tax ID/APN: 44553.
Property Located Between: Hwy 165 and Parkview Drive
Highway Access: Hwy 165/I-20
Airports: Monroe Regional Airport - 11 min (4.4 mi) via US-165 N/I-20
Site Description: .925 +/- Acre Lot. Excellent access to Hwy 165 & I-20. Condition of structure in very good condition. Solid masonry construction. 2 Covered Truck Wells. 2 Drive-In Loading Areas. Office Area including training room and break areas.
Area Description: Area Businesses: Ryder Truck Rental, Chase Bank, Monroe City Fire Department, Mac's Fresh Market, Captain D's, Burger King, KFC, Popeye's, Wendy's, Ouachita Valley Federal Credit Union, Monroe Coca-Cola Bottling, Comfort Suites, Super 8 by Wyndham, Louisiana Tom's Vending, Anna Meyer Branch Library.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 20,556 SF
Year Built: 1981
Roof Type: Other
Construction/Siding: Concrete
Exterior Description: Construction: Concrete Block, Metal Studs, Galvenized Framed Partitions. Roof: Built-Up Roof on Light Weight insulating concrete on galvanized steel deck/multi-vent. Overhead Rolling Service Doors: (2) 12 x 9'4"; (1) 10' x 8'; (1) 8' x 9'4". Two Covered Truck Wells: (70'/68' long with 15'4" Ceiling Height) Sump Pump. Foundation: Compacted Select Fill @ 2,500 psf. Slab: 6" Concrete (3000 PSI) reinforced with #4 @ 16" o/c each way on 8" Select Fill. Truck Ramp: 3000 PSI.
Parking Description: Concrete Surface Parking. Security Lighting.
Total Parking Spaces: 10
Eave Height: 20
Sprinklers: None
Volts: 120
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lighting: Fluorescent, Incandescent, Halogen
Internet Access: Cable, DSL
Interior Description: 20,556 SF: 17,356 SF Warehouse; 3,200 SF Office with 6,156 SF Mezzanine Storage.
Zoning Description: B-3
Lot Frontage: 201
Lot Depth: 199
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,961 41,967 80,971
Median Age: 31.17 31.26 33.64
Households: 2,850 15,399 30,877


Photograph of Listing Agent

Jennifer Causey

John Rea Realty Monroe, LA 71201
LACDB Member
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