Property History
• Tenant has been at the site since 1964, demonstrating long-term commitment
• The lease features 3% annual increases throughout the initial term and FMV increases in the remaining option period
• The tenant Wesco Distribution, Inc., has approximately 4 years remaining on its lease, with 1 (5-year) option to extend
• Wesco, a publicly traded company headquartered in Pittsburgh, Pennsylvania, is a leading provider of business-to-business distribution, logistics services and supply chain solutions
• Ideal Functionality: Two dock high loading docks, 1 ramp, all concrete site, fenced secured yard for outdoor storage, fully insulated building
• Below market rent ($4.35 PSF) and only $64.87 PSF, which is far below replacement cost
• Tenant has been at the site since 1964, demonstrating long-term commitment
• The lease features 3% annual increases throughout the initial term and FMV increases in the remaining option period
• The tenant Wesco Distribution, Inc., has approximately 4 years remaining on its lease, with 1 (5-year) option to extend
• Wesco, a publicly traded company headquartered in Pittsburgh, Pennsylvania, is a leading provider of business-to-business distribution, logistics services and supply chain solutions
• Ideal Functionality: Two dock high loading docks, 1 ramp, all concrete site, fenced secured yard for outdoor storage, fully insulated building
• Below market rent ($4.35 PSF) and only $64.87 PSF, which is far below replacement cost
1535 Wilkinson is a 10,900 Square Foot Building Located Along the Kings Highway Corridor Near Lsu Medical Center, I-20 and I-49. Approximately 1,900 Square Feet of Offices, Sales Counter and Restrooms Are in Excellent Conditionwith Updated Handicapped Accessible Restrooms. Majority of the Lot is Concrete Surfaced.
- 1535 Wilkinson is a 10,900 square foot building located along the Kings Highway corridor near LSU Medical Center, I-20 and 1-49. Approximately 1,900 square feet of offices, sales counter and restrooms are in excellent condition with updated handicapped accessible restrooms. Majority of the lot is concrete surfaced.
- There is an existing lease in place with Wesco who is ranked #181 on Fortune 500 list. Income information can be provided.
- Building Size: 10,900 sf with 1,900 sf of offices, sales area and ADA restrooms.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
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Map
Comparable Properties
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