1037 Freeman Rd - Warehouse FOR SALE


Broussard, LA 70518
$3,750,000 USD
504-343-3428
1037 Freeman Rd, Broussard, LA for Sale
$3,750,000 USD
Warehouse - FOR SALE
1/15
null | Request Cap Rate

1037 Freeman Rd
Broussard, LA 70518


HIGHLIGHTS

  • Great Owner User or Investment Opportunity!

OVERVIEW

Now Available For Sale or Lease, 1037 Freeman Rd is a 26,802 SF Industrial Office/Warehouse situated on a ±6.10 AC site. The property is in very good condition, with ease of access to and from Highway 90 strategically positioning itself between the Port of Iberia, Lafayette, and the Heart of Broussard. The building has finished climate-controlled office space totaling ±7,561 SF, warehouse space of ±19,241 SF with five large overhead doors, LED lighting, 26' eave heights, Two Big Ass® Industrial Fans, two bridge crane units (5-ton & 10-ton; ±67 ft; ±225 ft rail), and 3-phase power. Additionally, the building features an attached canopy and or washdown area of approximately 1,159 square feet. The improved portion of the site is ±3.86 AC with an excess land site of ±2.25 AC, positioning the property with value-add potential whether that is through, future development, expansion, or stabilizing the excess land portion. With market rents rising in the area and excess land the property presents for increased income and long-term upside.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

6.32

LAND SF

275,415

ZONING

-

APN/PARCEL ID

18202A1817

ASK ABOUT THIS PROPERTY

Matt TaylorProperty OneMore Info
504-343-3428

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Matt TaylorProperty OneMore Info
504-343-3428

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.