Pierremont Investment Properties

Industrial for Sale
Catylist Listing ID: 30331245
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Light Industrial, Office Showroom, Research & Development, Other
Building Size (RSF): 12,800 SF
Gross Land Area: 58,020 SF
Sale Price: $595,000
Unit Price: $46.48 PSF
Property Use Type: Investment
Usable Size (USF): 12,800 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/5/2018

Overview / Comments

Current Income:

Three buildings:
5817 Southern Ave., 6,500 SF, 1,000 amp 3 phase electrical, 30 Ton AC R-30 insulation, Built 2005.

5832 Lexington Ave., 1,800 SF, Additional 1,045 covered, 10 ton AC, generator.

1112 Pierremont, 4,500 SF, laser leveled floors, 3,000 amp, 3 phase, 30 ton AC R-30 insulation, 716 SF loading dock with 8' ramp.

All buildings are enclosed with a fence, two automatic gates and concrete parking.

Attachments & Media

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Property Located Between: Pierremont Road and Lexington Avenue @ I-49
Highway Access: Site is located at on/off ramp of Interstate 49 in Shreveport, Louisiana.
Site Description: Level to sloping.
Area Description: Built-up area of south Shreveport. Many businesses and roof tops in immediate area.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 4,000 SF
Property Condition: Average
Construction/Siding: Metal Siding
Parking Type: Surface
Parking Description: Concrete
Total Parking Spaces: 50
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Lot Frontage: 340
Lot Depth: 240
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,009 100,124 178,158
Median Age: 38.91 34.98 35.55
Households: 4,291 40,675 73,583

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