16,126+/- SF Industrial Bldg. on 4.13+/- Acres

Industrial for Sale
Catylist Listing ID: 30092985
Property Subtypes: Free-Standing, Light Industrial, Office Showroom, Warehouse/Distribution, Other
Building Size (RSF): 16,056 SF
Gross Building Area: See Agent
Gross Land Area: 4.13 Acres
Sale Price: $1,300,000
Unit Price: $80.97 PSF
Ceiling: 20 ft. Clear
Docks/Doors: 5 Doors
Office SF: 6,400 SF
Drive In Bays: 5 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/8/2017

Overview / Comments

Great "curb appeal" with excellent visibility and accessibility from Grimmett Dr. (LA 3049) and Old Morringsport Rd. (LA 538). Building appears in very good condition and has large paved parking areas in front and back of the building.

Located 3 miles north of Downtown Shreveport in one of Shreveport's most established industrial districts. Property has quick and easy access to I-20, I-220, I-49 and US-1/US-71/N. Market St. (all within 3 miles).

The 16,056+/- SF property includes a 9,656+/- SF Shop and a 6,400+/- SF Office. The Shop has a 135' x 70' main shop and a 23' x 12' equipment room. The Office building is 2 stories, 3,200 SF per floor, 80' x 40' and is attached to the Shop.

Attachments & Media

Additional Details

Nearest MSA: Shreveport-Bossier City
County: Caddo
Zoning: I-2 (HEAVY INDUSTRIAL)
Property Located Between: Grimmett Dr.(LA 3049), Old Morringsport Rd.(LA 538), I-220 & US-1/US-71/N. Market St.
Highway Access: I-220, US-1/US-71, LA 3049 & LA 538
Site Description: Located 3 miles north of Downtown Shreveport in one of Shreveport's most established Industrial Districts. Property has quick and easy access to I-20, I-220, I-49 and US-1/US-71/N. Market St. (all within 3 miles). It is 0.75 miles east of N. Market St./I-220 Interchange.
Area Description: Established Industrial District inside Shreveport city limits.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Construction/Siding: Brick, Metal Siding, Steel Frame
Exterior Description: Shop: Steel frame with metal exterior walls and roof. Office: Brick veneer
Parking Type: Surface
Parking Description: Paved parking area in front of building 0.68+/- acres. Paved & fenced parking & storage behind building 2.20+/- acres.
Eave Height: 20
Lighting: Metal Halide
Interior Description: Shop: 9,656+/- SF; 135' x 70' main shop, 23' x 12' equipment room; single story, steel frame, clear span, on-grade level concrete slab, 20' sidewall; 5 drive-thru service bays with 10-14' wide x 16' high overhead doors; 4 heaters; skylights & 19 metal halide lights; insulated ceiling & end walls; 2-story shop office with 3 offices & restroom with shower & central HVAC; Office: 6,400+/- SF Total; 2-story, 3,200 SF per floor (80' x 40'), attached to Shop; on-grade level concrete slab; 1st Floor includes lobby, 3 restrooms with 1 shower, large meeting room, 4 private offices & waiting room; 2nd Floor includes reception room, 3 private offices, break room with toilet, large unfinished office/storage room.
Zoning Description: I-2 Heavy Industrial inside Shreveport city limits
Lot Frontage: 438'
Lot Depth: 782'

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 956 19,082 91,653
Median Age: 44.03 36.79 34.59
Households: 387 6,967 36,789

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