New Listing – Light Industrial Investment Opportunity

166 & 148 Thompson Road 024Logan Babin Real Estate and Logan “Hank” Babin, III are proud to announce a new listing on Thompson Road.  This light industrial investment opportunity is near the ship building and industrial area of Houma.  This property could be kept for its investment value or converted into an owner occupied space as the tenant leases expire.  Or, since there are two buildings on 1 acre each, a buyer could owner occupy one building and lease out the other building for investment purposes.  Each building has five (5) suites for lease. 

Building 1 at 148 Thompson Rd. is 12,000 Total SF.  Each of the five (5)units has 2,400 SF with 25-30% office space with the remainder shop area.  There are two (2) half bathrooms in each suite. 

Building 2 at 166 Thompson Rd. is 16,000 Total SF.  Each of the five (5)units has 3,200 SF with 30% office space with the remainder shop area.  There are two (2) half bathrooms in each suite.

Tons of parking on both concrete and limestone.  Total site size is 2 acres with each building and its separate parking area covering 1 acre.  The site has 340′ of frontage on Thompson Road with a depth of 255′.

Each building has an eaves height of 16′ with the interior office being 8′ in height.  The offices are climate controlled by their own central air/heat.  The buildings have sprinklers and the walls have spray-on insulation.

This is an expanding area of East Houma near Munson Slip, Port of Terrebonne, Houma Airbase, and Chabert Hospital.  Nearby oilfield service companies include Gulf Island Fabrication, LA Ship, NOV, Schottel, K&B Machine, GulfStream Services, and many more. 

The Houma-Thibodaux MSA consistently has one of the lowest unemployment rates in Louisiana and has a 10 Parish retail draw of almost 440,000 people. It was recently ranked #6 of all nationwide mid-sized MSA’s by Area Development Magazine (May 2013) and was #24 overall out of 380 MSA’s in the U.S. This follows a January 2013 article in Forbes magazine naming Louisiana “America’s New Frontier for Business Opportunity”.

You can view a direct link to this listing at: 148 Thompson Road Listing

Regional real estate decisions are being made at a fast pace as our economy grows.  You deserve to have an experienced, local team of professionals representing your interests with knowledge and integrity.

Contact (or join) the team at Logan Babin Real Estate….Local Knowledge.  National Reputation.

And don’t forget to follow us on Twitter at our handle: @LoganBabinRE

This entry was posted in Houma, Houma Terrebonne Lafourche, LA Commercial Real Estate News, Louisiana Commercial Real Estate, Louisiana Industrial Real Estate and tagged , , , . Bookmark the permalink. Both comments and trackbacks are currently closed.