Net Leased Flex Space

Industrial for Sale
Catylist Listing ID: 30852064
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Net Leased, Office Showroom, Research & Development
Building Size (RSF): 11,600 SF
Gross Building Area: See Agent
Gross Land Area: 3.01 Acres
Sale Price: $2,000,000
Unit Price: $172.41 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 9.0%
Last Updated: 9/19/2023

Overview / Comments

NNN Leased Lab Space

±10,000 SF Flex Office Building, sprinklered

±1,600 SF Detached Warehouse (3 grade doors)

3.01 Acres (Approx. 0.5 Ac. Stabilized)

Standby Generator

40+ Parking Spaces

Initial Lease Term Expires August 2024 with 5-Year Option

Tenant Responsible for Exterior Maintenance

9.00% Cap @ Current Lease Rate

Attachments & Media

Additional Details

Nearest MSA: Baton Rouge
County: West Baton Rouge
Submarket/Township: 70
Tax ID/APN: 045100003700
Tenancy: Single Tenant
Total Number of Buildings: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,125 40,150 126,093
Median Age: 20.31 33.43 32.26
Households: 141 14,472 47,516


Photograph of Listing Agent

Dexter Shill

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

Alex McCollam

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