For Sale $4,750,000
Property Type Industrial - Warehouse/Distribution
Property Size 43,500 SF
Lot Size 5.01 Acre
Property Tenancy Single Tenant
Year Built 2005
Year Renovated 2023
Date Updated Mar 5, 2024
HVAC None

Lot 183-A2027 N Harco is a 100% leased investment opportunity. There are 6+ years remaining on the initial term – current lease includes 3% increases each year and NNN fees. There is one 5-year renewal option. The tenant, Accutemp, is owned by private equity firm, Turnpoint Services, based out of Louisville, Kentucky. A $2.75 million capital investment, funded by the tenant, was completed in February 2024. 6.5% CAP Rate. The property is comprised of a ±43,500 SF office warehouse on ±5.01 acres. There are ±4 acres of laydown yard. Listed below appraised value.

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Attachments

Sale Brochure (PDF) opens in new window

Highlights

NNN Leased with 6+ years remaining and renewal options
Tenant owned by private equity firm, Turnpoint Services
Tenant-funded $2.75 million capital investment completed in February 2024
6.5% CAP Rate

Contacts

Alex Ruch

ELIFIN®

(225) 485-0238

Location

Getting Around

Walk Score ®
51/100 Somewhat Walkable
Bike Score ®
41/100 Somewhat Bikeable

Map
Street

City Baton Rouge, LA
Neighborhood Forest Oaks - La Belle Aire
Zip Code 70815
Market Baton Rouge

Points of Interest

RaceTrac

2.94 miles
Murphy USA

3.20 miles
Murphy USA

3.84 miles
Costco Gasoline

4.06 miles
Circle K

4.10 miles
Shell

4.67 miles
Sam's Club

4.83 miles
Shell

4.86 miles
ChargePoint

4.87 miles
Murphy USA

4.97 miles

Parkhaus

3.43 miles
Bon Carre Parking

4.43 miles
Faculty Parking

5.53 miles
Parking Garage 2

6.06 miles
Parking Lot 2

6.10 miles
Parking Lot 1

6.15 miles
Parking Lot 4

6.25 miles
Insurance Building Parking

8.52 miles
Galvez Garage

8.58 miles
State Capitol Northwest Lot

8.65 miles

Po-Boy Express

2.00 miles
Chili's

2.12 miles
McDonald's

2.32 miles
Chick-fil-A

2.33 miles
Zaxby's

2.40 miles
Freddy's

2.44 miles
Golden Corral

2.48 miles
Wingstop

2.54 miles
Sonic

2.55 miles
Jack in the Box

2.77 miles

Hi Nabor Supermarket

2.44 miles
Target

2.46 miles
Our Daily Bread

2.68 miles
Walmart Supercenter

2.91 miles
Oak Point

3.11 miles
Walmart Supercenter

3.24 miles
Connell's Village Shopping Center

3.43 miles
Walmart Neighborhood Market

3.47 miles
Albertsons

3.62 miles
Hammond Aire Plaza

3.64 miles

Central Fire Department Station 32

1.74 miles
Baton Rouge Fire Department Station 17

1.77 miles
East Side Volunteer Fire Department Station 90

1.88 miles
Baton Rouge Fire Department Station 18

2.07 miles
Baton Rouge Fire Department Station 13

2.26 miles
Baton Rouge Fire Department Station 5

2.51 miles
Louisiana Orthopedic & Spine Institute

2.99 miles
Ochsner Health Center - O'Neil

3.15 miles
Ochsner Medical Center - Baton Rouge

3.24 miles
Baton Rouge Police Department

3.40 miles

Frequently Asked Questions

What is the lease rate for Long Term NNN Leased Investment with Private Equity Backed Tenant?

Rental asking rate at Long Term NNN Leased Investment with Private Equity Backed Tenant is $2,375,000.00/YR.

What is the total square footage of Long Term NNN Leased Investment with Private Equity Backed Tenant?

Long Term NNN Leased Investment with Private Equity Backed Tenant totals 43,500 square feet.

When was this property built?

Long Term NNN Leased Investment with Private Equity Backed Tenant was built in 2005.

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