Description
Gerber Collision & Glass – Houma, LA is a 16,570 SF industrial property offered for sale at 105 N Hollywood Rd in Houma, LA 70364. Its 100% occupancy puts the existing income, rather than a search for an initial occupant, at the center of the acquisition.
Built in 2026, the property pairs a 16,570 SF building with a 1.45-acre site. For an industrial buyer, those dimensions define both the building being acquired and the land that comes with it, without relying on a repositioning plan to explain the investment. The NNN lease type and 100% occupancy make the existing tenancy central to the sale. Buyers can focus on the property as leased today, with the building’s age and site acreage providing context for the physical asset behind that income.
The asking price is $5,543,000, with pricing of $334.52 PSF and $3,822,758.62 per acre. In-place NOI is $318,730, and the in-place cap rate is 5.75%. Those measures let an investor weigh the current income against both the building and the land included in the purchase. This is an acquisition framed by an occupied industrial property, an NNN lease type, and a defined asking price, giving buyers a direct basis for deciding whether the existing income and physical asset fit their investment criteria.
Offering Summary
- Asking Price$5,543,000
- Price PSF$334.52
- Price/Acre$3,822,758.62
- Property TypeIndustrial
- Size16,570 SF
- Occupancy100%
- Properties1
- Built2026
- Total Acres~1.45 ac
Sale Details
- Cap Rate5.75%
- NOI$318,730
- In-Place Cap Rate5.75%
- In-Place NOI$318,730
- In-Place Rents318,730
Documents
Property Address
Property Details
- Property Type
Industrial - Square Feet
16,570 SF - Occupancy
100% - Year Built
2026 - Lease Type
NNN - Gross Leasable Area
16,570 SF - Acres
1.45
Deal Team



