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Atmos Energy 296 Highway 3185

4,000 SF Industrial Building Thibodaux, LA 70301 $525,000 ($131/SF) 8.24% Cap Rate

Investment Highlights

  • High Rate of Return
  • Located Off US Route 90
  • Publicly Traded Tenant

Executive Summary

High Rate of Return – With an Entry Cap Rate of 8.25%, this Single-Tenant Industrial Property Offers an Investor a Great Return and In-Demand 4,000 SF Warehouse with Fenced Outside Storage
Publicly Traded Tenant – Atmos Energy Corporation is an S&P 500 with a Market Capitalization of over $17 Billion US Dollars. They have Occupied this Location since 2005
Located Off US Route 90 – US HWY 90 runs from Texas to Florida and provides access to this industrial park
The Houma-Thibodaux Region Led by Port Fourchon – Over 250 Companies Utilize the Port for a Base of Operations. Up to 1,200 trucks travel in and out of the Port each day

Property Facts

Price $525,000
Price Per SF $131
Sale Type Investment
Cap Rate 8.24%
Property Type Industrial
Property Subtype Service
Building Class B
Lot Size 1.14 AC
Rentable Building Area 4,000 SF
No. Stories 1
Year Built 2004
Tenancy Single
Clear Ceiling Height 14 FT
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
54393
Land Assessment
$4,370
Improvements Assessment
$21,790
Total Assessment
$26,160
  • Listing ID: 32389626

  • Date on Market: 7/9/2024

  • Last Updated:

  • Address: 296 Highway 3185, Thibodaux, LA 70301

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