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Two-Site Distribution Industrial Portfolio
For Sale
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1510 Grimmett Drive, Shreveport, LA 71107

Two strategically located industrial distribution sites supporting an integrated fulfillment network with recent building upgrades.

Property Size30,930 SF
Days on Market76

Property Features for 1510 Grimmett Drive

General Information

Standard status Active
Size 30,930 SF
Property subtype Industrial
Occupancy 100%
Lease Type Absolute Net
Investment Type Sale/Leaseback
Net Operating Income $304,800

Building Details

Year Built 1980
Year Renovated 2018
Buildings 4
Tenancy Single
Listing Agency: Ascension Advisory
Listed By: Chelsea Mandel · License #NY
Source: Crexi
Added: May 29 Changed: Aug 10 Last Checked: Aug 12 at 11:44AM

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 Ascension Advisory

Investment Insights

Based on property information with market context.

This for-sale portfolio includes two industrial sites that operate as a coordinated distribution network, supporting headquarters, primary distribution, and regional fulfillment functions. The combined platform is designed to enable rapid response and same-day or next-day delivery to key customers, with each location serving a distinct role within the integrated logistics workflow. The properties have been well-invested, with more than $450,000 in building improvements and building-related equipment reported across the portfolio.

One site is located at 1510 Grimmett Drive in Shreveport, Louisiana, and the portfolio also includes a second site in Colcord, Oklahoma. Taken together, the sites are positioned to support proximity-driven service requirements that are described as operationally critical to the overall distribution model.

For buyers seeking an industrial distribution platform with an established operational framework, this portfolio offers turn-key, integrated functionality across two locations. The reported building and equipment investment may also support continuity of operations and reduce the need for immediate capital work tied to building-related infrastructure. This is a practical fit for companies looking to own an industrial distribution footprint built around coordinated headquarters and regional fulfillment.

Key Highlights

  • Portfolio includes two industrial distribution sites in Shreveport, Louisiana and Colcord, Oklahoma.
  • Supports Tri‑State’s integrated distribution platform with coordinated headquarters, primary distribution, and regional fulfillment operations.
  • Operations are designed for same‑day or next‑day delivery based on proximity to customers and integrated logistics.

Property Analytics

Current Use

Tri-State Industrial Supply Industrial Manufacturer TSI Poultry Department Store Menge Pump & Machinery ... Construction Company

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Nail Salon Skin Care Clinic Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

715
Businesses Nearby

Demographics for 71107, LA

31,311
Population
13,636
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
137.2 sq mi
ZIP Area
228
Density / Sq Mi
$48,114
Median Household Income
$31,075
Median Earnings
$909
Median Rent
$157,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Distribution center - Two strategically located industrial distribution sites supporting an integrated fulfillment network with recent building upgrades.
Where is this distribution center located?
The property is located at 1510 Grimmett Drive Shreveport, LA.
What are key features of this property?
This property features: Portfolio includes two industrial distribution sites in Shreveport, Louisiana and Colcord, Oklahoma.; Supports Tri‑State’s integrated distribution platform with coordinated headquarters, primary distribution, and regional fulfillment operations.; Operations are designed for same‑day or next‑day delivery based on proximity to customers and integrated logistics.
More about this property
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