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Edward Jones 311 Texas St 7,620 SF 100% Leased Office Building Vidalia, LA 71373 $295,000 ($38.71/SF)
Investment Highlights
- well located with plenty of parking on Texas Street
- Great visibility
- Near the City of Vidalia municipal offices
Executive Summary
This well located building has the addresses of 307-309 Texas Street and 311 Texas Street. The five offices are currently rented. One lease is through August 31st 2025, one lease is through August 31st 2021 and the rest are month to month leases.
The property also has several metal storage buildings in the rear that are rented separately.
The Lessor pays the utilities for two of the offices while the tenants pay for their own utilities in the remaining offices.
The property also has several metal storage buildings in the rear that are rented separately.
The Lessor pays the utilities for two of the offices while the tenants pay for their own utilities in the remaining offices.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Building Size
7,620 SF
Building Class
C
Year Built
1965
Price
$295,000
Price Per SF
$38.71
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,620 SF
Building FAR
0.37
Lot Size
0.47 AC
Zoning
Commercial - suitable for office space and retail
Parking
24 Spaces (3.15 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Finance and Insurance
- 848 SF
- -
- -
Edward Jones began in 1922 when Edward D. Jones Sr. established the company in Missouri. The firm pioneered the branch office brokerage model in the United States. Today, it operates as a financial services company providing investment solutions for individual investors. Their business model focuses on personalized financial advice through local branches. Edward Jones serves clients across North America with various financial products and guidance services.
- McGoun Law Firm
- Professional, Scientific, and Technical Services
- -
- -
- -
- Seibert Law Firm
- Professional, Scientific, and Technical Services
- -
- -
- -
- Shields Law Firm
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Finance and Insurance | 848 SF | - | - | ||
| McGoun Law Firm | Professional, Scientific, and Technical Services | - | - | - | ||
| Seibert Law Firm | Professional, Scientific, and Technical Services | - | - | - | ||
| Shields Law Firm | Professional, Scientific, and Technical Services | - | - | - |
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Property Taxes
| Parcel Number | 0320099000 | Improvements Assessment | $23,460 |
| Land Assessment | $5,250 | Total Assessment | $28,710 |
Property Taxes
Parcel Number
0320099000
Land Assessment
$5,250
Improvements Assessment
$23,460
Total Assessment
$28,710
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Edward Jones | 311 Texas St
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