108 Crown Ct PlBossier City, LA 71112

Property Details for 108 Crown Ct Pl

Year built

2012

Lot size

3.35 AC

Property size (Sq ft)

9,068 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional investment opportunity presents a 9,068-square-foot industrial property in Bossier City, Louisiana, currently occupied by Dale's Paving Inc. under a new 20-year absolute triple-net (NNN) lease. The lease features zero landlord responsibilities, a compelling 8.5% cap rate, and a substantial annual net operating income (NOI) of $130,000 in the first year, escalating 2.5% annually. The single-story building, constructed in 2012, sits on a 3.35-acre lot, offering ample outdoor storage space, ideal for the tenant's operations. The property includes 1,200 square feet of office space and 7,868 square feet of warehouse space, along with two storage sheds. Dale's Paving Inc., a well-established third-generation business with over 40 years of experience, utilizes this property as its headquarters. The lease includes four 5-year renewal options, providing long-term stability and predictable income growth. Located at 108 Crown Ct Pl, Bossier City, LA 71112, this property benefits from its strategic location within a robust industrial market experiencing significant rent growth and low vacancy rates. The sale price is $1,529,412. This is a rare opportunity to acquire a high-yield, low-risk investment with a strong, established tenant in a thriving market.

Location Insight

City

Bossier City

County

Bossier Parish

State

Louisiana

Latitude

32.4413

Longitude

-93.5921

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].