For Sale
$2,287,500

3245 Stage Coach RdKeithville, LA 71047

Two Warehouses, High NOI, Owner Financing

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents two fully leased industrial warehouses totaling 43,084 square feet on a 5.15-acre lot in Keithville, Louisiana. Located conveniently near Highway 171, the property boasts excellent ingress and egress. The main building comprises approximately 35,584 square feet, featuring 1200 AMP 480V 3-phase power, substantial HVAC capacity (105 tons in the warehouse and 10 tons in offices), multiple jib cranes (one 10-ton, one 5-ton, and two 2-ton), a paint booth, a Goff Masterblast system, two test bays, a wash bay, five overhead doors, one dock-high door, and extensive office space including thirteen offices, a reception area, storage rooms, and breakrooms. The second building, approximately 7,500 square feet, offers two large offices and two bathrooms. Both buildings are currently 100% occupied with a strong tenant base. Building A's lease was renewed for three years starting December 1, 2023, under a Net Net lease. Building B's tenant signed a five-year Net Net lease beginning July 1, 2022. The property generates a substantial net operating income (NOI) of $147,000 annually, representing a 6.43% cap rate. The current lease terms provide long-term stability and strong cash flow. Owner financing is available to qualified buyers

Highlights

  • Located just east of Hwy. 171 (Mansfield Road).
  • Excellent ingress/egress.
  • Two warehouse/office buildings totaling 43,084 square feet.
  • 5.15-acre lot.
  • Main building: 35,584 square feet; secondary building: 7,500 square feet.
  • 1200 AMP, 480V, 3-phase power in main building.

Property Details for 3245 Stage Coach Rd

Property type
Warehouses, Industrial properties
Square Feet
43,084 SF
Buildings
2
Stories
1
Lot Size (sq. ft)
224,465 SF
Units
2

Location Insight

City
Keithville
County
Caddo Parish
State
Louisiana
Latitude
32.366344566872
Longitude
-93.823520993864
3245 Stage Coach Rd, Keithville, Louisiana

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3245 Stage Coach Rd
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