For Sale
$500,000

250 Holt StBastrop, LA 71220

Income-producing office building, strong tenant.

Overview

Added:
Feb 3
Days on market:
60
This exceptional investment opportunity presents a well-maintained 5,217 square foot office building situated on a 0.88-acre lot in Bastrop, Louisiana. Located at 250 Holt Street, the property boasts a strong, long-term tenant—the Louisiana State Office/Louisiana Workforce Commission—who have occupied the premises for over two decades, consistently renewing their lease on multiple five-year terms. The current lease agreement runs from October 1, 2022, to September 30, 2027, providing immediate and predictable cash flow. Significant improvements were made in 2018, including a new roof, carpet, and paint, ensuring the building's continued excellent condition. The property offers a compelling 7.9% capitalization rate, making it an attractive investment for discerning buyers seeking stable returns. Detailed financial information and lease terms are available upon execution of a non-disclosure agreement (NDA). This is a rare chance to acquire a proven, income-generating asset with a history of reliable tenancy in a desirable location. Don't miss this opportunity to add a high-performing property to your portfolio.

Property Details for 250 Holt St

Property type
Office properties
Square Feet
5,217 SF
Year Built
1999
Lot Size (sq. ft)
38,333 SF

Location Insight

City
Bastrop
County
MOREHOUSE
State
Louisiana
Latitude
32.77958
Longitude
-91.88917
250 Holt St, Bastrop, Louisiana

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250 Holt St
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