2600 Booth St - Distribution FOR SALE


Monroe, LA 71201
$1,250,000 USD
318-222-8700
2600 Booth St, Monroe, LA for Sale
$1,250,000 USD
Distribution - FOR SALE
1/10
null | Request Cap Rate

2600 Booth St
Monroe, LA 71201


OVERVIEW

Attractive investment opportunity in Monroe, LA. 23,000+ square foot distribution center leased by United Parcel Service. Original building contained approximately 12,250 square feet on 3.1 acres and was constructed in 1974. In 2019, UPS made a substantial investment in the building adding 10,000+/- square feet of office and warehouse and adding .92 acres to the site, enlarging the truck court. The original building contains 7 grade level truck doors on north side and 6 grade level truck doors on south side, all 20' wide x 16' tall, allowing for trucks to be backed into the facility and under cover while being loaded. There is a 75' "connector" building from the original building to the 2019 addition, and this section has 5 van height doors on the north side and 7 van height doors on the south side, all 5' wide x 7' high, all protect by overhang. The 2019 addition has 6 van height doors on the south side, 5' x7', and 5 dock high doors on the west end of the building. The newer building contains large sorting area, with offices, break room, restrooms and meeting area. 22'10" center height. Situated in Monroe’s established industrial corridor with easy access to US-165 and I-20, The site offers excellent connectivity for distribution and logistics, close to regional transportation routes and supporting commercial amenities. The current lease is full triple net. Please contact agent for information regarding the lease and for income and expense information.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$53 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Warehouse, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

23

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

35807

ASK ABOUT THIS PROPERTY

Melissa RiddickSealy Real Estate Services, LLCMore Info
318-222-8700

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Melissa RiddickSealy Real Estate Services, LLCMore Info
318-222-8700

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