901 Cherry Ridge Rd is an industrial property for lease in Bastrop, LA.
CALL FOR OFFERS DATE - April 15, 2015
For Sale is a Portfolio of 11 NNN Leased Investment properties leased to Entergy Louisiana (NYSE: ETL). Properties can be purchased as a package or individually. Entergy has recently executed a 5-year option extending the leases to November 2020. There are two additional 5-year options remaining.
Many of the subject properties are mission critical industrial sites that allow Entergy to deliver power to various locations throughout the state.
The BASTROP, LA property contains a 6,338 SF office/warehouse facility, situated on 7 acres. The property is used as a field office/service center for Entergy.
Entergy Corporation (NYSE: ETR), is a Fortune 500 integrated energy company engaged primarily in electrical power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capability, including more than 10,000 megawatts of nuclear power, making it one of the nation’s leading nuclear generators. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $11 billion and approximately 14,000 employees.
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