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1245 Edwards Ave
Elmwood, LA 70123
Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.69 AC
Rentable Building Area 18,000 SF
No. Stories 1
Tenancy Single
No. Drive In / Grade-Level Doors 4
Zoning none

AMENITIES

  • Fenced Lot
  • Security System

ABOUT 1245 EDWARDS AVE , ELMWOOD, LA 70123

Description: Approximately 18,000 sq. ft. office/vault/warehouse facility. Land: Approximately 3.2 acres total. 2.1 acres for tenant use. Zoning/Use: M-1, Industrial. Existing use is for armored and cash services. Sale Price: $3.5 Million. Tenant: Garda Supplies Rental & Services, Ltd. ( www.garda.com ) Cap Rate: 6% on year 1 net rental. Term: 10 years; with four (4) renewal terms of five (5) years each. Rent Structure: Lease will commence upon closing. Renewal increases to be negotiated. NNN lease, with landlord responsible for: HVAC replacement after year 6, structural, slab and roof. Construction: Solid concrete construction. Loading: 4 doors covered dock height loading in front of building. Parking: Fenced and Paved employee parking 60+ for personnel vehicles. Surplus Land: Approximately 50,000 sf fronting Dealers Avenue can be developed by the buyer for alternative uses. Miscellaneous: Facility tours require 24 hours advanced notice to Agent. No pictures are allowed within the facility. Building plans are available for review after execution of Conf. Agreement.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0700003382
Land Assessment
$170,790
Improvements Assessment
$190,290
Total Assessment
$361,080
  • Listing ID: 9961917

  • Date on Market: 11/13/2017

  • Last Updated:

  • Address: 1245 Edwards Ave, Elmwood, LA 70123

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