Industrial Office/Warehouse Facility

Industrial for Sale
Also listed as Office
Catylist Listing ID: 30123909
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Research & Development, Self Storage, Warehouse/Distribution, Other
Building Size (RSF): 80,000 SF
Gross Building Area: See Agent
Gross Land Area: 4.93 SF
Sale Price: $3,950,000
Unit Price: $49.38 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/14/2018

Overview / Comments

$25,000 BONUS TO SELLING AGENT PROVIDED CLOSING OCCURS BEFORE MARCH 15, 2018. BONUS TO BE PAID TO SELLING AGENT AT CLOSING.

80,000 sq. ft. Industrial office/warehouse facility available for sale or lease in Hammond, Louisiana. Building is situated on a 4.93-acre site and consist of 10,000 sq. ft. of office space with Class A finishes, 20,000 square feet of open climate controlled support space and 50,000 sq. ft. of warehouse space featuring 24’ eave height, multiple dock high and grade level loading doors, and is serviced by a three-phase electrical system. The facility was built in 2008 and has since been utilized as a call center. Additional land is available for building expansion, lay-down yard, parking etc.

The facility is equipped with a high-tech, video monitoring system with magnetic key card access locks. In addition, there are (2) back-up generators on site, a 206KW natural-gas Generac generator and a 500KW diesel Caterpillar generator.

The property has excellent interstate access, located 1 mile from the intersection of Interstate 12 and Interstate 55 and is positioned to service all the major and minor markets in the Southeast region and beyond.

Property is available for sale at $3,950,000 ($49.38 PSF) or all or part can be leased as follows:

Lease Rate (whole building): $5.88 PSF/Net
Lease Rate (office/support space only): $9.00 PSF/Net
Lease Rate (warehouse only): $4.00 PSF/Net

Additional Details

Nearest MSA: Hammond
County: Tangipahoa
Submarket/Township: 84
Tax ID/APN: 45T7R70000104

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,283 33,243 54,987
Median Age: 34.11 32.7 32.02
Households: 907 12,352 20,672

Contact

Photograph of Listing Agent

Warren Surcouf, III

Property One Inc New Orleans Metairie, LA 70002
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.