rent to own home - Mandeville, LA - a commercial property

Large industrial warehouse and office space located one mile North of Interstate 12, off Hwy. 59 in Mandeville in an industrial park. Buildng available for sale, lease or partial lease. Partial Lease Option 1: 48,125 sf new build 2015 with 13,125 sf clear span, epoxy floor, 8" concrete floor to handle full 18-wheeler loads driving into building. $8/sf + NNN Partial Lease Option 2: 12,000 sf warehouse office/warehouse space with 2,000 sf office & 10,000 sf warehouse ($5.50/sf blended rate + NNN) Separate exterior entrance with four offices, showroom, breakroom, new 50-year warrantied silicone roof (reduces interior temp. fifteen degrees), 28' center with 20' eaves, one truck well and one overhead door/drive in bay. Partial Lease Option 3: 6000 sf executive office space - twelve offices, large conference room, copy room, kitchen, executive office with private bath - $10/sf + NNN The new warehouse finished February., 2015 is a 1st class build with an epoxy floor, 34' center with 26' eaves, four overhead doors, column spacing of 50' and 25', and has 3" wall insulation with 4" ceiling insulation and is separated into a 35,000 sf section and a clear span area of 13,125 sf (separation w...

Rent-to-own homes can be purchased using a Lease Option. This means the buyer rents the home for a set period of time, sets aside a portion of monthly rent payments during this time, and then has an option to purchase the home later, using the accumulated savings toward the down payment. Rent-To-Own properties offer home ownership opportunities to those who have poor credit or can't afford the down payment. It gives buyers time to rebuild their credit and accumulate purchase credits while living in the house.

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Property Info
Property ID170913607
CountySaint Tammany
Living Area (sqft)123,000
Property TypeCommercial

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