Fully Leased NNN Industrial
520 Magnolia St Houma, LA 70360
520 Magnolia St, Houma, LA, 70360
$1,399,000 SF/Yr
For Lease
$1,399,000
Stabilized NNN income property with an in-place tenant lease extending through March 2028.
Days on Market48
Property Features for 520 Magnolia St
General Information
- Standard status
- Active
- Property subtype
- Industrial
Listing Agency
(337) 446-3536
Listed by
Caden LeBlanc
(337) 446-3536
Source
Elifinrealty
Added: Jun 2 Checked: Jul 17 at 6:11 am
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 Caden LeBlanc
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
Location Intelligence
Current Use by Public Records
GHX Industrial, LLC.
Big Box & Wholesale Store
XPOWER
Factory
Similar For Rent Nearby
FAQs
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
