Kenworth of South Louisiana HQ | 3504 Olympian Offshore Lane
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Kenworth of South Louisiana HQ 3504 Olympian Offshore Lane
9,900 SF Industrial Building Gray, LA 70359 £1,262,400 (£128/SF) 7.01% Net Initial Yield
Executive Summary
• Ideal Exchange Property – Long term Lease providing passive income on this new construction building
• Just Off US Route 90 – US HWY 90 runs from Texas to Florida and provides access to this busy industrial park
• Administrative Headquarters – This site serves as the Administrative HQ for Kenworth’s nine locations and has had extensive buildout inside
• The Houma-Thibodaux Region Led by Port Fourchon - Up to 1,200 trucks travel in and out each day
• Nicholls State University Current Enrollment over 6,400 – Gray, LA is located just seven miles from the university
• Located Near Well-Traveled Park Avenue – Park Avenue has over 28,000 Vehicles Per Day
• Houma, Louisiana is strategically located centrally to New Orleans, Baton Rouge and Lafayette
• Just Off US Route 90 – US HWY 90 runs from Texas to Florida and provides access to this busy industrial park
• Administrative Headquarters – This site serves as the Administrative HQ for Kenworth’s nine locations and has had extensive buildout inside
• The Houma-Thibodaux Region Led by Port Fourchon - Up to 1,200 trucks travel in and out each day
• Nicholls State University Current Enrollment over 6,400 – Gray, LA is located just seven miles from the university
• Located Near Well-Traveled Park Avenue – Park Avenue has over 28,000 Vehicles Per Day
• Houma, Louisiana is strategically located centrally to New Orleans, Baton Rouge and Lafayette
Property Facts
| Price | £1,262,400 | Rentable Building Area | 9,900 SF |
| Price Per SF | £128 | Number of Floors | 1 |
| Sale Type | Investment NNN | Year Built | 2019 |
| Net Initial Yield | 7.01% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 16 ft |
| Building Class | B | Level Access Doors | 1 |
| Lot Size | 0.50 AC |
| Price | £1,262,400 |
| Price Per SF | £128 |
| Sale Type | Investment NNN |
| Net Initial Yield | 7.01% |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 0.50 AC |
| Rentable Building Area | 9,900 SF |
| Number of Floors | 1 |
| Year Built | 2019 |
| Tenancy | Single |
| Clear Ceiling Height | 16 ft |
| Level Access Doors | 1 |
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PROPERTY TAXES
| Parcel Number | 66046 | Improvements Assessment | £47,324 |
| Land Assessment | £7,748 | Total Assessment | £55,072 |
PROPERTY TAXES
Parcel Number
66046
Land Assessment
£7,748
Improvements Assessment
£47,324
Total Assessment
£55,072
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Kenworth of South Louisiana HQ | 3504 Olympian Offshore Lane
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