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Edward Jones 311 Texas St

7,620 SF 100% Leased Office Building Vidalia, LA 71373 $295,000 ($39/SF)

Investment Highlights

  • well located with plenty of parking on Texas Street
  • Great visibility
  • Near the City of Vidalia municipal offices

Executive Summary

This well located building has the addresses of 307-309 Texas Street and 311 Texas Street. The five offices are currently rented. One lease is through August 31st 2025, one lease is through August 31st 2021 and the rest are month to month leases.
The property also has several metal storage buildings in the rear that are rented separately.
The Lessor pays the utilities for two of the offices while the tenants pay for their own utilities in the remaining offices.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,620 SF
Building Class
C
Year Built
1965
Price
$295,000
Price Per SF
$39
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,620 SF
Building FAR
0.37
Lot Size
0.47 AC
Zoning
Commercial - suitable for office space and retail
Parking
24 Spaces (3.15 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Finance and Insurance
  • 848 SF
  • -
  • -

Since 1922, Edward Jones has worked to create a better future for their clients and their families and communities in the U.S. and Canada, one relationship at a time. Their advice is based on a disciplined, established process that centers on their clients, who are individual investors, and the goals they're trying to achieve. Each client benefits from a personalized relationship with their financial advisor, who is supported by the resources of a Fortune 500 firm. Every aspect of the firm’s business – from the types of products and services they offer to the locations of their branch offices – is designed to cater to individual investors in the communities in which they live and work. This business model has helped fuel remarkable growth for the firm and helped clients realize the possibilities for their futures.

  • McGoun Law Firm
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Seibert Law Firm
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Shields Law Firm
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Finance and Insurance 848 SF - -
McGoun Law Firm Professional, Scientific, and Technical Services - - -
Seibert Law Firm Professional, Scientific, and Technical Services - - -
Shields Law Firm Professional, Scientific, and Technical Services - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 1,979 SF
  • Office
  • -
  • 30 Days

Great professional office space that can be used for a wide variety of professional office space needs. Owner prefers a three year minimum lease. The space will be freshly painted prior to the new tenant moving in. The floor plan is attached showing 1, 979 square +/- feet for lease containing a reception area, six offices, and a bathroom. There is the possibility of adding an additional bathroom if needed.

Space Size Space Use Condition Available
1st Floor 1,979 SF Office - 30 Days

1st Floor

Size
1,979 SF
Space Use
Office
Condition
-
Available
30 Days

1st Floor

Size 1,979 SF
Space Use Office
Condition -
Available 30 Days

Great professional office space that can be used for a wide variety of professional office space needs. Owner prefers a three year minimum lease. The space will be freshly painted prior to the new tenant moving in. The floor plan is attached showing 1, 979 square +/- feet for lease containing a reception area, six offices, and a bathroom. There is the possibility of adding an additional bathroom if needed.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0320099000
Land Assessment
$5,250
Improvements Assessment
$23,460
Total Assessment
$28,710
  • Listing ID: 22323315

  • Date on Market: 2/24/2021

  • Last Updated:

  • Address: 311 Texas St, Vidalia, LA 71373

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