Leased Industrial Service Center For Sale - 4th St. - Marrero

Leased Industrial Investment Opportunity. Located on Fourth Street in Marrero, the site contains approximately 17,000 square feet of total improvements. Eave Heights are approximately 11.5' clear to the roof truss (Approximately 3,000 sq/ft of Suite A has an approximately 18' eve height). There are 3 total tenant spaces of 7,840, 7,332, and 2,090 respectively. Loading on the two main spaces is provided by a total of Four, grade level, Roll-Up Doors (two each) that measure approximately 12' wide x 10' high. The improvements are in overall good condition. The metal roof is less than 10 years old. The site is a rectangular shaped, ±30,000 SF or .68 acres. The unit sizes are <8,000 SF with minimal office buildout, of which there is steady demand. Below market rents provided for tremendous operational and economic upside. Occupancy is currently 100%. The current gross rents are approximately $82,000 per year.