www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29240547
29240548

5969 McClelland Dr, Baton Rouge, LA 70805

BS
LA LA 0000008180
Maestri Murrell Real Estate
RP
LA 0995686701, MS 54135
Maestri Murrell Real Estate
Listed by Maestri Murrell Real Estate
$1,285,000
180 days on market
Updated 13 days ago

Priced Reduced – 100% Lease Industrial Investment

Details
APN 439932
Property Type Industrial
Sub Type Warehouse
Square Footage 31,012
Cap Rate 10.51%
NOI $135,000
Occupancy 100%
Tenancy Single
Brand/Tenant GeoSurfaces, Inc.
Lease Type NN
Lease Expiration 11/30/2029
Remaining Term 3.4
Price per SqFt $41
Year Built 1991
Buildings 2
Acreage 1.200
Zoning M1 Light Industrial
Ground Lease No
Ceiling Height 18
Dock High Doors 3

Industrial | Fully Leased Two-Building Industrial Investment | Credit Tenant | 10.5% Cap Rate

Marketing description

The offering includes two adjacent industrial warehouse buildings located at 5959 and 5969 McClelland Drive, just off Airline Highway in Baton Rouge, Louisiana. Building 1 contains 19,651 SF and Building 2 contains 11,361 SF, for a total of 31,012 SF. Both buildings are fully sprinklered with 18′ eave heights and are equipped with high-strength reinforced concrete slab foundations designed to support heavy equipment, as confirmed by geotechnical reports. Building 1 features three 20′ × 18′ overhead roll-up doors, while Building 2 includes two 20′ × 18′ overhead doors. The electrical system is serviced with 8,000 amps of 3-phase power, an existing air compression system, and full security fencing. Formerly utilized by a regional wholesale tire operator, the buildings are currently leased to GeoSurfaces, Inc., a subsidiary of TenCate, through November 30, 2029, with current NOI of approximately $135,000 annually. Although leased, the buildings are not currently occupied, offering a buyer flexibility for future owner-occupancy, partial leasing, or re-tenanting strategies.

Investment highlights

  • Two (2) adjacent industrial warehouse buildings located at 5959 & 5969 McClelland Drive, just off Airline Highway in Baton Rouge, LA
  • Total Building Area: 31,012 SF: Building 1: 19,651 SF.
  • Building 2: 11,361 SF
  • Fully sprinklered buildings
  • 18′ eave heights throughout
  • Overhead Doors: Building 1: Three (3) – 20′ x 18′ OHD doors. Building 2: Two (2) – 20′ x 18′ OHD doors
  • 8,000 amps, 3-phase electrical service
  • High-strength reinforced concrete slab foundations capable of supporting heavy equipment (per geotechnical reports)
  • Former wholesale tire facility, designed for heavy industrial use
  • Air compression system in place
  • Fully secured site with perimeter security fencing

Listing Contacts

BS
LA LA 0000008180
Maestri Murrell Real Estate
RP
LA 0995686701, MS 54135
Maestri Murrell Real Estate
Listed by Maestri Murrell Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$135,000.00
$11,250.00/mo

Valuation Metrics

0
DSCR
10.51%
Cap Rate
10.51%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Benjamin Stalter
License
LA 0000008180
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591