10928 S Choctaw Dr, Baton Rouge, LA 70815
Commercial property for sale
10928 S Choctaw Dr, Baton Rouge, LA 70815
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- Description
- Absolute Net Leased Investment Property for sale at a 10.8% CAP rate. Tenant is Shamrock Pipe Tools, a subsidiary of Sreco Flexible based out of California with multiple location across the country. Five years remaining on initial ten year term of the lease. Tenant has five options of five years each to renew. Tenant has been at this location for close to 30 years. Lease is absolute net, so tenant is responsible for all taxes, insurance, maintenance, and repairs, including roof, structure, HVAC, plumbing, electrical, and parking lot. Property consists of 1.619 acres and five buildings totaling 35,790 SF. Building price details: $950,000.
- Property Details
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Property Type: Industrial Use Types: Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Net Leased, Warehouse/Distribution Status: Available Price: $ 27 +/SF MSA: Baton Rouge Buildings: 1 Tenancy: Single Tenant Terms: Cash to Seller Added: 01/18/2012 Last Update: 04/19/2012 - Contact info
- 225-753-3573 [Office]
- Note
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Details Info about this row that located on 10928 S Choctaw Dr, Baton Rouge, LA 70815 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.
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