WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Multi-Tenant Industrial / Office-Warehouse Investment
Now selling at auction: two improved commercial parcels totaling approximately 8,250± SF of Net Rentable SF situated on .66 AC’s of land. The property is located in an established industrial area near major corridors serving Lake Charles, Westlake, Sulphur, and the I-10 industrial market
Appraised for $1,030,000 in December 2021.
$7,100/Month Income / 1 Vacant Office Space
Property Highlights:
Four Separate Buildings totaling 9,018 ± SF
8,250 ± Net Rentable SF
± .66-acre site
Renovated and expanded in 2021
Modern metal construction (2018-2020)
Multi-tenant configuration allows for income diversification
Flexible office/warehouse layout suits various business types
Flood Zone X 0.2% annual chance flood hazard (low risk)
Move-in ready condition
4957 Big Lake
3,300 SF ±
$3,500/Month NNN
4953 Big Lake
Building 1
788 SF ±
$750/Month
Building 2
2400 SF ±
Space A - $1,500/Mo
Space B – Vacant
Building 3
2,530 SF ±
$1,350/Mo
Location Advantages:
High-traffic location on Big Lake Road
Excellent street visibility in residential/commercial corridor
Proximity to major Lake Charles employers and institutions
Close to Highway 384, Interstate 210, and I-10
Near McNeese State University and major health systems
Selling to the highest bidder.
Contact Tranzon Asset Advisors for auction date, due diligence materials, and registration details.
Tranzon Asset Advisors of Texas, LLC #9008058, Kelly D. Toney, LA Auctioneer #LA-2117 & Broker 76381-ACT
10% Buyers Premium based on the high bid and other terms apply.
Property Preview: Thursday, March 19th at 10:00am CT
