Listed by Sealy Real Estate Services
$1,250,000
Industrial Investment Monroe, LA
Details
Property Type Industrial
Sub Type Distribution
Square Footage 23,384
Cap Rate 3.84%
Occupancy 100%
Tenancy Single
Brand/Tenant UPS
Lease Type NNN
Lease Expiration 02/28/2029
Rent Bumps Yes
Lease Options 1-10 year
Price per SqFt $53
Class B
Year Built 1974
Year Renovated 2019
Buildings 1
Acreage 4.020
Investment Type Net Lease
Tenant Credit Credit Rated
Ground Lease No
Loading Docks 23
Dock High Doors 5
About This Property for Sale
Marketing description
- ±23,000 SF distribution center leased by UPS
- Original ±12,250 SF building (1974) + 2019 ±10,000 SF expansion
- Total site: ±4.02 acres with enlarged truck court
- Doors: grade-level, van-height, and dock-high access throughout
- Newer building: sorting area, offices, break room, restrooms, meeting space
- 22'10" center height
- Full triple net (NNN) lease
Listing Contacts
Listed by Sealy Real Estate Services
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