Northpointe Warehouse Distribution Center 401 Northpointe Industriel/Logistique 6 353 m² 83 % Loué Immeuble 4 étoiles À vendre Covington, LA 70433 6 847 620 € (1 077,81 €/m²) Taux de capitalisation 5,80 %

Offered at $7,800,000 (~$114/SF), this newly built 68,386 SF Class A industrial warehouse presents a rare opportunity to acquire a high-quality, income-producing asset below replacement cost in a high-growth corridor. The property is approximately 83% leased to strong tenants on NNN leases, generating an estimated $455,000 in Year 1 net operating income, equating to a ~5.8% cap rate. With active marketing of the remaining 11,544 SF of high-bay vacancy at ~$8/SF NNN, the asset offers a clear path to stabilization and projected Year 2 NOI of ~$547,000 (~7.0% cap rate), delivering immediate income upside.
Tenants reimburse all operating expenses, and many provide fixed NNN contributions that may exceed actual costs, creating additional profit through expense spread. This high-quality industrial asset combines stable in-place cash flow with near-term upside and long-term value creation, making it an attractive investment in one of the region’s most dynamic and rapidly growing submarkets.