Single-Tenant NNN Industrial
For Sale
$3,475,000
609 Centerville St NE, Denham Springs, LA 70726
Office and warehouse improvements support an R&D manufacturing operation.
Property Size55,000 SF
Lot Size4.67 Acres
Price / SF$63.18
Days on Market1499
Property Features for 609 Centerville St NE
General Information
Standard status
Active
Size
55,000 SF
Lot size
4.67 Acres
Property subtype
Industrial
Additional Details
Cap Rate
8%
Office Units
1
Building Details
Buildings
1
Building Size
55,000 SF
Tenancy
Single
Listing Agency:
CBRE Baton Rouge
(225) 952-1255
Listed By:
Ty Gose · License #SALE.0000070995-ACT
(225) 952-1255
Source:
Lacdb.resimplifi
Added: Jul 25, 2022
Changed: Aug 30
Last Checked: Aug 30 at 3:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE Baton Rouge
Investment Insights
Based on property information with market context.
This single-tenant industrial property includes approximately 55,000 square feet of office and warehouse space on approximately 4.67 acres. The improvements are occupied by an R&D manufacturing user under an NNN lease structure, providing a combination of office and industrial functionality.
Located at 609 Centerville St NE in Denham Springs, Louisiana, the property has been leased to the tenant since 2010. The primary lease term is five years and commenced August 1, 2022. The offering carries a blended cap rate of 8.00%.
Located at 609 Centerville St NE in Denham Springs, Louisiana, the property has been leased to the tenant since 2010. The primary lease term is five years and commenced August 1, 2022. The offering carries a blended cap rate of 8.00%.
Key Highlights
- Approximately 55,000 SF of office and warehouse space
- Approximately 4.67‑acre industrial property
- Single‑tenant NNN lease structure
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
Explore this area
Business Placement
Demographics for 70726, LA
59,586
Population
24,925
Households
2.4
Avg Household Size
35
Median Age
24%
College-Educated
90%
High-School Grad
88.2 sq mi
ZIP Area
676
Density / Sq Mi
$77,129
Median Household Income
$41,240
Median Earnings
$1,180
Median Rent
$215,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Office and warehouse improvements support an R&D manufacturing operation.
Where is this nnn property located?
The property is located at 609 Centerville St NE Denham Springs, LA.
What is the asking price?
The asking price for this property is $3,475,000.
What are key features of this property?
This property features: Approximately 55,000 SF of office and warehouse space; Approximately 4.67‑acre industrial property; Single‑tenant NNN lease structure
