10928 S Choctaw Dr is an industrial property for lease in Baton Rouge, LA.
Absolute Net Leased Investment Property for sale at a 10.8% CAP rate. Tenant is Shamrock Pipe Tools, a subsidiary of Sreco Flexible based out of California with multiple location across the country. Five years remaining on initial ten year term of the lease. Tenant has five options of five years each to renew.
Tenant has been at this location for close to 30 years.
Lease is absolute net, so tenant is responsible for all taxes, insurance, maintenance, and repairs, including roof, structure, HVAC, plumbing, electrical, and parking lot.
Property consists of 1.619 acres and five buildings totaling 35,790 SF.
Create a Property List
Please describe your commercial real estate requirements. We’ll introduce you to local properties that match your criteria.