Investment Grade Distribution Center | Baton Rouge MSA
Investment-grade distribution center in Livingston, Louisiana, offered at $18,750,000 at a 6.72% cap ($1,260,000 NOI). The 140,000 SF single-tenant facility is leased to P-Americans, LLC, a wholly owned subsidiary of PepsiCo, Inc., through October 31, 2032—approximately 6.5 years of contractual cash flow backed by a globally recognized investment-grade corporate tenant.
Built in 2016 as a build-to-suit for PepsiCo's regional distribution operations, the Class A warehouse serves as a centralized logistics hub along the I-12 corridor, supporting the company's consumer product portfolio across the Gulf South. The facility provides efficient access to the Greater Baton Rouge, Greater New Orleans, and Northshore markets. Situated on 15.42 acres of C-1 zoned land in Livingston, the property is 100% occupied and fully leased. PepsiCo's recent six-year lease renewal underscores the asset's strategic importance to the company's regional distribution network and provides investors with stable, long-term income.
- PepsiCo lease through October 31, 2032 (6.5 years remaining)
- Investment-grade corporate tenant; globally recognized credit
- 140,000 SF Class A distribution center built 2016
- Strategic I-12 corridor location serving Gulf South markets
- 100% occupied; fully leased
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Completed in 2016 as a build-to-suit facility for P-Americans, LLC, a wholly owned subsidiary of PepsiCo, Inc., this modern distribution center serves as a centralized logistics hub along the I-12 corridor. Built specifically to meet PepsiCo’s operational requirements, the facility supports the company’s broad consumer product portfolio throughout the Gulf South, with efficient access to the Greater Baton Rouge, Greater New Orleans, and Northshore markets.PepsiCo recently renewed its lease for an additional six years through October 31, 2032, demonstrating the property’s continued importance to the company’s regional distribution network. The renewal provides investors with approximately 6.5 years of contractual cash flow supported by PepsiCo, a globally recognized investment-grade corporate tenant.