Log In/Sign Up
Your email has been sent.
544 Meadowlark Dr 13,050 SF Industrial Building Monroe, LA 71203 $2,152,500 CAD ($164.94 CAD/SF) 8% Cap Rate
Investment Highlights
- Major Tenant
- New Lease
- Net Lease
Executive Summary
Blackbird Investments is pleased to present the fee-simple sale of 544 Meadowlark
National Tenant, a U.S. operating company of a publicly traded infrastructure services firm.
The tenant provides non-destructive hydrovac excavation services across North America.
The newly executed 64-month lease commences May 1, 2026 with 2% annual rent
increases and three (3) two-year renewal options, delivering a stable, growing income
stream backed by a national, publicly traded operator. The improvements include a
10,750 SF shop and 2,300 SF office served by a large secured contractor's yard — well
suited to long-term industrial and outdoor-storage use
National Tenant, a U.S. operating company of a publicly traded infrastructure services firm.
The tenant provides non-destructive hydrovac excavation services across North America.
The newly executed 64-month lease commences May 1, 2026 with 2% annual rent
increases and three (3) two-year renewal options, delivering a stable, growing income
stream backed by a national, publicly traded operator. The improvements include a
10,750 SF shop and 2,300 SF office served by a large secured contractor's yard — well
suited to long-term industrial and outdoor-storage use
Data Room Click Here to Access
Property Facts
| Price | $2,152,500 CAD | Rentable Building Area | 13,050 SF |
| Price Per SF | $164.94 CAD | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 2013/2026 |
| Cap Rate | 8% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.5/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 3.50 AC | ||
| Zoning | iNDUSTRIAL | ||
| Price | $2,152,500 CAD |
| Price Per SF | $164.94 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 8% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.50 AC |
| Rentable Building Area | 13,050 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2013/2026 |
| Tenancy | Single |
| Parking Ratio | 2.5/1,000 SF |
| Clear Ceiling Height | 20’ |
| Opportunity Zone |
Yes |
| Zoning | iNDUSTRIAL |
Utilities
- Lighting
- Gas
- Water
- Sewer
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 78987 | Improvements Assessment | $9,021 CAD |
| Land Assessment | $2,551 CAD | Total Assessment | $11,572 CAD |
Property Taxes
Parcel Number
78987
Land Assessment
$2,551 CAD
Improvements Assessment
$9,021 CAD
Total Assessment
$11,572 CAD
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Lincoln Contracting LLC
544 Meadowlark Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.