406 Beau Pre Rd - Industrial FOR SALE


Lafayette, LA 70508- Central Lafayette Parish
$2,090,000 USD
914-498-2225
406 Beau Pre Rd, Lafayette, LA for Sale
$2,090,000 USD
Industrial - FOR SALE
1/11
null | 7.75% Cap Rate

406 Beau Pre Rd
Lafayette, LA 70508
Central Lafayette Parish


HIGHLIGHTS

  • 3+ Years Remaining | Options to Extend | Corporate Guaranty
  • Absolute NNN | Fee Simple Ownership | Passive Deal |Zero Landlord Responsibilities
  • Located in Industrial Corridor | Near US Highway 90 E | 5 Miles South of Lafayette City Center
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding, 14,240 SF industrial investment property located in Lafayette, LA. The tenant, Stella Industries, LLC (Stella), has over three years remaining in their lease and has occupied the site since November 2014, demonstrating their commitment to the site. Stella also has two five-year options to extend. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$2,090,000 USD

PRICE/SF

$147 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stella Industries | 3yrs Remain Corp Abs NNN

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

38

LAND DETAILS

LAND ACRES

5.67

LAND SF

246,985

ZONING

IL

APN/PARCEL ID

6153561

ASK ABOUT THIS PROPERTY

Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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