Listed by Elifin Realty Baton Rouge
$750,000
8% Cap 5 Year Sale-Leaseback with Yard
Details
APN 114251
Property Type Industrial
Sub Type Warehouse
Square Footage 8,000
Cap Rate 8.00%
Tenancy Single
Lease Term 5
Buildings 1
Acreage 0.900
Zoning M1 - Light Industrial
Investment Type Sale/Leaseback
Ground Lease No
11950 Richcroft Ave, Baton Rouge, LA 70814
Marketing description
Now for sale, 11950 Richcroft Ave presents an investment opportunity featuring a 5-year sale-leaseback with a regional commercial roofing tenant in place.
The ±8,000 SF industrial property includes ±1,600 SF of office space and ±6,400 SF of warehouse space, situated on a ±0.9-acre site with a functional laydown yard, offering a layout supporting a variety of industrial uses.
The property is located just off S Choctaw Dr, providing direct access to one of the area's primary industrial corridors.
This offering presents a stabilized industrial asset with in-place income, functional yard space, and an 8% cap rate at the list price.
Investment highlights
- 5-year sale-leaseback with a regional commercial roofing tenant in place
- ±8,000 SF industrial property includes ±1,600 SF of office space and ±6,400 SF of warehouse space
- Situated on a ±0.9-acre site with a functional laydown yard
- Located just off S Choctaw Dr, providing direct access to one of the area's primary industrial corridors
- 8% cap rate at the list price
- Zoned M1 - Light Industrial
Listing Contacts
Listed by Elifin Realty Baton Rouge
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