Long Term NNN Leased Investment with Private Equity Backed Tenant Listing Details & Market Data

2027 N Harco Dr, Baton Rouge, LA 70815

  • For Sale $4,750,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 43,500 SF
  • Lot Size 5.01 Acre
  • Property Tenancy Single Tenant
  • Year Built 2005
  • Year Renovated 2023
  • Date Updated Mar 5, 2024
  • HVAC None
Lot 183-A2027 N Harco is a 100% leased investment opportunity. There are 6+ years remaining on the initial term – current lease includes 3% increases each year and NNN fees. There is one 5-year renewal option. The tenant, Accutemp, is owned by private equity firm, Turnpoint Services, based out of Louisville, Kentucky. A $2.75 million capital investment, funded by the tenant, was completed in February 2024. 6.5% CAP Rate. The property is comprised of a ±43,500 SF office warehouse on ±5.01 acres. There are ±4 acres of laydown yard. Listed below appraised value.

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Attachments

Highlights

  • NNN Leased with 6+ years remaining and renewal options
  • Tenant owned by private equity firm, Turnpoint Services
  • Tenant-funded $2.75 million capital investment completed in February 2024
  • 6.5% CAP Rate

Contacts

broker

Alex Ruch

ELIFIN®

(225) 485-0238

Location

Getting Around

  • Walk Score ®

    Somewhat Walkable (51)

  • Bike Score ®

    Somewhat Bikeable (41)
Powered by Walk Score ®
  • City Baton Rouge, LA
  • Neighborhood Forest Oaks - La Belle Aire
  • Zip Code 70815
  • Market Baton Rouge

Points of Interest

  • RaceTrac

    2.94 miles

  • Murphy USA

    3.20 miles

  • Murphy USA

    3.84 miles

  • Costco Gasoline

    4.06 miles

  • Circle K

    4.10 miles

  • Shell

    4.67 miles

  • Sam's Club

    4.83 miles

  • Shell

    4.86 miles

  • ChargePoint

    4.87 miles

  • Murphy USA

    4.97 miles

  • Parkhaus

    3.43 miles

  • Bon Carre Parking

    4.43 miles

  • Faculty Parking

    5.53 miles

  • Parking Garage 2

    6.06 miles

  • Parking Lot 2

    6.10 miles

  • Parking Lot 1

    6.15 miles

  • Parking Lot 4

    6.25 miles

  • Insurance Building Parking

    8.52 miles

  • Galvez Garage

    8.58 miles

  • State Capitol Northwest Lot

    8.65 miles

  • Hi Nabor Supermarket

    2.44 miles

  • Target

    2.46 miles

  • Our Daily Bread

    2.68 miles

  • Walmart Supercenter

    2.91 miles

  • Oak Point

    3.11 miles

  • Walmart Supercenter

    3.24 miles

  • Connell's Village Shopping Center

    3.43 miles

  • Walmart Neighborhood Market

    3.47 miles

  • Albertsons

    3.62 miles

  • Hammond Aire Plaza

    3.64 miles

Contact Listing Broker

broker

Alex Ruch

ELIFIN®

(225) 485-0238