3245 Stage Coach Rd Keithville, LA 71047
- Distribution centers
- 43,084 SF
- 5.15 lot acres
Current Use by Public Records
- GE Oil & Gas / Gas Company
Property Details for 3245 Stage Coach Rd
- Lot size
- 5.15 lot acres
- Property size
- 43,084 SF
- Property type
- Distribution centers
Description
This exceptional investment opportunity presents two fully leased industrial warehouses totaling 43,084 square feet on a 5.15-acre lot in Keithville, Louisiana. Located conveniently near Highway 171, the property boasts excellent ingress and egress. The main building comprises approximately 35,584 square feet, featuring 1200 AMP 480V 3-phase power, substantial HVAC capacity (105 tons in the warehouse and 10 tons in offices), multiple jib cranes (one 10-ton, one 5-ton, and two 2-ton), a paint booth, a Goff Masterblast system, two test bays, a wash bay, five overhead doors, one dock-high door, and extensive office space including thirteen offices, a reception area, storage rooms, and breakrooms. The second building, approximately 7,500 square feet, offers two large offices and two bathrooms. Both buildings are currently 100% occupied with a strong tenant base. Building A's lease was renewed for three years starting December 1, 2023, under a Net Net lease. Building B's tenant signed a five-year Net Net lease beginning July 1, 2022. The property generates a substantial net operating income (NOI) of $147,000 annually, representing a 6.43% cap rate. The current lease terms provide long-term stability and strong cash flow. Owner financing is available to qualified buyers
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Keithville
- County
- Caddo Parish
- State
- Louisiana
- Longitude
- -93.823520993864
- Latitude
- 32.366344566872
