28517 S Frost Rd - Distribution FOR SALE


Livingston, LA 70754
$18,750,000 USD
985-969-1957
28517 S Frost Rd, Livingston, LA for Sale
$18,750,000 USD
Distribution - FOR SALE
1/7
null | 6.72% Cap Rate

28517 S Frost Rd
Livingston, LA 70754


HIGHLIGHTS

  • Greater Baton Rouge MSA | Strategically located on the I-12 corridor with direct access to Baton Rouge, New Orleans, and the North Shore
  • Build to suit distribution hub for P-Americans, a wholly owned subsidiary of PepsiCo., Inc. who have demonstrated long term commitment to the site
  • Minimal Landlord Responsibilities

OVERVIEW

Completed in 2016 as a build-to-suit for P-Americans, LLC, a wholly owned subsidiary of PepsiCo, Inc., this purpose-built distribution facility consolidates the company's regional logistics operations into a single, modern hub along the I-12 corridor. The property was designed to the tenant's specifications and supports the full breadth of PepsiCo's consumer portfolio across a densely populated Gulf South trade area, with direct service reach into the Greater Baton Rouge Area, Greater New Orleans Area, and the Northshore. PepsiCo's recent execution of a 6-year lease renewal through October 31, 2032 reflects the site's continued operational importance within the company's regional supply chain, providing investors approximately 6.5 years of contractual cash flow backed by one of the world's most recognized investment-grade corporate parents.

FOR SALE DETAILS

PRICE

$18,750,000 USD

PRICE/SF

$133 USD /SF

CAP RATE

6.72%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pepsi Distribution Center | Baton Rouge MSA

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

153

LAND DETAILS

LAND ACRES

15.43

LAND SF

671,957

ZONING

Commercial (NEC)

APN/PARCEL ID

0236265B

ASK ABOUT THIS PROPERTY

Beezie LandryStirling PropertiesMore Info
985-969-1957

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Beezie LandryStirling PropertiesMore Info
985-969-1957

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