263 Trinity Ln Gray, LA 70359
This exceptional Class A warehouse, located at 263 Trinity Ln, Gray, LA 70359, presents a compelling investment opportunity. The 5,042 square foot building sits on a 1.44-acre lot and boasts a single-tenant, NNN lease with a remaining term of approximately 2.4 years, expiring April 30, 2027. Constructed in 2015, this one-story structure offers a strong return on investment with a price per square foot of $163.63. The asking price is $825,000. The current tenant has occupied the property since its construction, demonstrating long-term stability. The NNN lease structure ensures the tenant covers property taxes and building insurance, minimizing the owner's operational expenses. This property is situated in Terrebonne Parish, Louisiana, providing convenient access to key transportation routes and infrastructure. The single-tenant occupancy simplifies management, making this an ideal investment for those seeking a low-maintenance, high-yield asset. This is a rare opportunity to acquire a well-maintained, high-quality industrial property with a proven track record of tenancy. The property's location and lease terms combine to create a compelling investment proposition.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.