Pair of Conditioned Warehouses Industrial FOR SALE


Monroe, LA
$8,950,000 USD
225-241-8616
, Monroe, LA for Sale
$8,950,000 USD
Industrial - FOR SALE
1/9
null | Request Cap Rate

Pair of Conditioned Warehouses
Monroe, LA


HIGHLIGHTS

  • ±51,447 SF Two-Building Industrial Property in Great Condition
  • Located at Central Avenue and Airline Boulevard
  • Owner Occupied Medical Supply Storage Facility
  • Steel Frame Construction with Metal Siding & Roofs

OVERVIEW

The subject improvements consist of a ±51,447-square-foot industrial property comprising two buildings located at the corner of Central Avenue and Airline Boulevard in Monroe, Louisiana. The improvements include a ±42,735-square-foot office/warehouse facility containing approximately ±13,535 square feet (31.7%) of finished office space, and a ±8,712-square-foot climate-controlled warehouse with no finished office area. The property is currently owner-occupied and utilized as a medical supply storage and distribution facility.Both buildings are constructed with steel framing on concrete slab foundations. Exterior finishes consist of corrugated metal panel siding and sloped metal roofs. The improvements feature six grade-level overhead doors, with eave heights ranging from approximately 25 to 36 feet. Interior finishes within the office areas include a combination of sealed concrete and laminate tile flooring, painted sheetrock walls, and acoustical tile ceilings. Warehouse areas feature sealed concrete floors with exposed structural walls and ceilings. A total of four restrooms are located within the office/warehouse building. Site improvements include a paved surface parking area providing approximately 45 parking spaces. Based on our inspection, the improvements were found to be in overall very good condition.

ASK ABOUT THIS PROPERTY

Evan ScroggsLee & AssociatesMore Info
225-241-8616

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

Evan ScroggsLee & AssociatesMore Info
225-241-8616

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