Fully Leased NNN Industrial
For Lease
$1,399,000 NNN
520 Magnolia St, Houma, LA 70360
Stabilized NNN income property with an in-place tenant lease extending through March 2028.
Space SizeContact for details
Property Size15,330 SF
Days on Market93
Property Features for 520 Magnolia St
General Information
Standard status
Active
Size
15,330 SF
Property subtype
Industrial
Occupancy
100%
Additional Details
Cap Rate
8.52%
Highway Access
Yes
Building Details
Building Size
15,330 SF
Tenancy
Single
Listing Agency:
Elifin Realty
Listed By:
Caden LeBlanc · License #SALE.995716536-ACT
(337) 446-3536
Source:
Elifinrealty
Added: Jun 2
Changed: Aug 9
Last Checked: Sep 1 at 3:25PM
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 Elifin Realty
Investment Insights
Based on property information with market context.
This fully leased NNN investment property is available for sale and is structured to provide stabilized income. The current in-place lease is through March 2028, supporting long-term occupancy. The asset is occupied by GHX Industrial, an innovative value-added distributor offering a full range of industrial gaskets and hoses, providing clear alignment between tenant operations and the industrial facility.
The property is located in Houma, seconds from LA-311 and approximately one mile from LA-24. This positioning supports practical regional access for industrial distribution and service operations, while keeping the asset tied to established transportation corridors.
For investors seeking a hands-off industrial NNN profile, the combination of fully leased status and a lease expiration in March 2028 can help support income stability and planning horizon. The tenancy and durable industrial use add operational focus, while the NNN structure is designed to shift responsibility for certain property-level expenses to the tenant. This makes the property a straightforward consideration for buyers evaluating stabilized industrial cash flow and near-term lease visibility.
The property is located in Houma, seconds from LA-311 and approximately one mile from LA-24. This positioning supports practical regional access for industrial distribution and service operations, while keeping the asset tied to established transportation corridors.
For investors seeking a hands-off industrial NNN profile, the combination of fully leased status and a lease expiration in March 2028 can help support income stability and planning horizon. The tenancy and durable industrial use add operational focus, while the NNN structure is designed to shift responsibility for certain property-level expenses to the tenant. This makes the property a straightforward consideration for buyers evaluating stabilized industrial cash flow and near-term lease visibility.
Key Highlights
- Fully leased NNN investment property with in‑place tenant lease through March 2028
- Stabilized income investment priced at an 8.52% cap rate
- Tenant: GHX Industrial, a value‑added distributor of industrial gaskets and hoses
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
571
Businesses Nearby
Explore this area
Business Placement
Demographics for 70360, LA
28,014
Population
12,283
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
90%
High-School Grad
60.1 sq mi
ZIP Area
466
Density / Sq Mi
$82,365
Median Household Income
$44,925
Median Earnings
$1,085
Median Rent
$297,100
Median Home Value
Market
Lease Benchmarks for Houma, LA
$22 /SF/Yr
Avg Asking Price
$1–$27 /SF/Yr
Price Range
6,950 SF
Avg Space Size
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Stabilized NNN income property with an in-place tenant lease extending through March 2028.
Where is this nnn property located?
The property is located at 520 Magnolia St Houma, LA.
What is the lease rate?
The lease rate is $1,399,000.
What are key features of this property?
This property features: Fully leased NNN investment property with in‑place tenant lease through March 2028; Stabilized income investment priced at an 8.52% cap rate; Tenant: GHX Industrial, a value‑added distributor of industrial gaskets and hoses
