Atmos Energy | 296 Highway 3185
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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
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 | Rentable Building Area | 4,000 SF |
Price Per SF | $131 | No. Stories | 1 |
Sale Type | Investment | Year Built | 2004 |
Cap Rate | 8.24% | Tenancy | Single |
Property Type | Industrial | Clear Ceiling Height | 14 FT |
Property Subtype | Service | No. Drive In / Grade-Level Doors | 2 |
Building Class | B | Opportunity Zone |
Yes
|
Lot Size | 1.14 AC |
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 |
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PROPERTY TAXES
Parcel Number | 54393 | Improvements Assessment | $21,790 |
Land Assessment | $4,370 | Total Assessment | $26,160 |
PROPERTY TAXES
Parcel Number
54393
Land Assessment
$4,370
Improvements Assessment
$21,790
Total Assessment
$26,160
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Atmos Energy | 296 Highway 3185
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