250 Holt St - Office FOR SALE


Bastrop, LA 71220
$500,000 USD
318-261-0892
250 Holt St, Bastrop, LA for Sale
$500,000 USD
Office - FOR SALE
1/22
null | 7.91% Cap Rate

250 Holt St
Bastrop, LA 71220


HIGHLIGHTS

  • Long Term Income Producing Property
  • Louisiana Workforce Commission - Tenant
  • Very-well maintained property

OVERVIEW

Rare Investor Opportunity! Long-Standing Income-Producing Property for Sale! 250 Holt Street is a 5,217 SF building on .88 AC in Bastrop, LA. The building is very-well maintained and received a new roof, carpet and paint in 2018. Tenant: Louisiana State Office/Louisiana Workforce Commission. Tenant has occupied this location for more than 20 years per multiple 5-Year terms. Current Owner has enjoyed this Full-Service Lease since 2017. Current Tenant Lease term: October 1, 2022 to September 30,2027. CAP RATE: 7.9%. Financials/Lease available upon receipt of fully executed NDA.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$96 USD /SF

CAP RATE

7.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Income Producing/State Agency Tenant

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,689 SF

ZONING

CC-2

APN/PARCEL ID

03900/003/00B11

ASK ABOUT THIS PROPERTY

Jennifer CauseyJohn Rea RealtyMore Info
318-261-0892

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Jennifer CauseyJohn Rea RealtyMore Info
318-261-0892

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