42548 Happywoods Rd | Hammond, LA 70403
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42548 Happywoods Rd
Hammond, LA 70403
Eastern Metal Supply · Industrial Property For Sale
Investment Highlights
- Eastern Metal Supply, Inc. is one of the largest domestic distributors of custom and standard aluminum extrusions, servicing North and South America
- This location is essential to EMS’s day-to-day operations, and its proximity to supply hubs, international ports, and customer markets is crucial
- Port of South Louisiana is one of the largest ports in the U.S. in total tonnage, ranking 1st in total domestic trade and 2nd in total foreign trade
- The 10-year lease has 8+ yrs remaining and features 10% rent escalations every 5 years during the initial term and in the (2) 5-yr renewal options
- The Property’s invaluable location will significantly mitigate downside risk as the lease matures and indicates a high probability of renewal
- Deemed the “Crossroads of the South” Tangipahoa Parish has access to all forms of transportation & is one of the fastest growing parishes in Louisiana
Property Facts
| Property Type | Industrial | Year Built | 2008 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Clear Ceiling Height | 24’ |
| Lot Size | 5.78 AC | No. Dock-High Doors/Loading | 4 |
| Rentable Building Area | 80,000 SF | No. Drive In / Grade-Level Doors | 5 |
| No. Stories | 1 |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.78 AC |
| Rentable Building Area | 80,000 SF |
| No. Stories | 1 |
| Year Built | 2008 |
| Tenancy | Single |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 5 |
Amenities
- Security System
- Yard
Property Taxes
| Parcel Number | 06299490 | Improvements Assessment | $391,500 |
| Land Assessment | $37,454 | Total Assessment | $428,954 |
Property Taxes
Parcel Number
06299490
Land Assessment
$37,454
Improvements Assessment
$391,500
Total Assessment
$428,954
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