205 Exchange St - Industrial FOR SALE


West Monroe, LA 71292
$3,900,000 USD
404-823-6360
205 Exchange St, West Monroe, LA for Sale
$3,900,000 USD
Industrial - FOR SALE
1/4
null | 7.5% Cap Rate

205 Exchange St
West Monroe, LA 71292


HIGHLIGHTS

  • Investment-Grade, Industry-Leading Tenant ($31.3B+ Annual Revenue)
  • 2020 Built-to-Suit Construction
  • Passive NN Lease with Minimal Landlord Responsibility
  • 2.00% Annual Increases
  • Strong Market with Active Development Pipeline
  • I-20 Corridor Investment Opportunity

OVERVIEW

Northmarq Commercial, on behalf of ownership, is pleased to present the exclusive opportunity to acquire a 100% fee simple interest in the Goodman Distribution, Inc. property located at 205 Exchange Street in West Monroe, Louisiana (the “Property”). A build-to-suit facility constructed in 2020, the Property encompasses 25,200 square feet on 2.21 acres positioned along Interstate 20, one of the most-traveled thoroughfares in the southeast that traverses six states from Texas and South Carolina, which is home to a population of more than 15 million and is an important arterial for freight given its access to major markets like Dallas-Fort Worth and Atlanta, among others.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$155 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Goodman Distribution, Inc.

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

4

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.21

LAND SF

96,268

ZONING

-

APN/PARCEL ID

131377

ASK ABOUT THIS PROPERTY

Colin CouchNorthmarqMore Info
404-823-6360

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Colin CouchNorthmarqMore Info
404-823-6360

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