Shallow Bay Industrial Opportunity

Shallow-Bay Functionality at Scale – The portfolio offers ±102,429 SF across three contiguous metal buildings (2211, 2215, 2217 Engineers Rd.), strategically situated on ±5.42 acres with a 43.5% coverage ratio. Buildings provide 14’–16’ clear heights and 44 grade level doors, delivering highly functional space for contractors, light manufacturing, and service-oriented tenants.
Tenant Diversification & Income Stability – The asset supports a multi-tenant rent roll with a mix of NNN and gross leases, producing steady cash flow while preserving mark-to-market potential. Current occupancy stands at ~58% across the three buildings, anchored by local and regional service providers, welding/fabrication shops, and distribution tenants.
Value-Add Through Lease-Up & Rollover – With vacant suites available across all three buildings, investors can capture proforma NOI of $612,003, translating to a 9.26% yield at asking. The small bay configurations attract a broad tenant pool, enhancing leasing velocity and limiting downtime.
Renovated and Market-Ready – Originally built in 1970, the portfolio underwent over $200,000 worth of interior and exterior renovations in 2024 and 2025, positioning the asset competitively for new leasing and long-term investor performance.
Strong Infill Location with Tenant Demand – Situated in Belle Chasse, LA, the property offers convenient regional access and proximity to major transportation routes. The corridor serves a diverse base of industrial users seeking affordable, flexible space—a product type that remains in short supply in today’s market.

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Donnie Jarreau