Contacts
Caden LeBlanc
ELIFIN®
Property Details
- Property Type Industrial - Manufacturing
- Property Size 15,330 SF
- Lot Size 0.49 Acre
- Date Updated Jun 6, 2026
- HVAC None
-Now for sale, 520 Magnolia St in Houma is a fully leased NNN investment property offering stabilized income through March 2028 occupied by GHX Industrial, an innovative value-added distributor of a full range of industrial gaskets and hoses.
The lease generates $10,300 per month in NNN rent and is priced at an 8.81% cap rate, providing in-place cash flow backed by an established industrial user.
The property consists of a ±15,330 SF building on a ±0.49-acre lot, zoned C2 – General Commercial District, and is located seconds from Little Black Bayou Rd (LA-311) and approximately ±1 mile from W Main St (LA-24).
Overall, the offering presents a stabilized NNN investment with in-place cash flow, an established industrial tenant, and quick regional access within Houma.
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Reach out to the broker for more info on lease terms and amenities
Highlights
- Fully leased NNN investment with in-place income
- Located seconds from LA-311 and ±1 mile from LA-24
- Priced at 8.81% cap rate
- Tenant lease in effect through March 2028
Attachments
Getting around
-
51/100
Walk Score ®
-
46/100
Bike Score ®
Powered by Walk Score ®
Location
- City Houma, LA
- Zip Code 70360
Points of Interest
-
Texaco
0.86 miles
-
Chevron
1.10 miles
-
Murphy's
1.71 miles
-
Valero
1.77 miles
-
Citgo
2.54 miles
-
Exxon
3.25 miles
-
Murphy USA
3.78 miles
-
Gulf
7.67 miles
-
Auto Spa
3.80 miles
-
McDonald's
0.42 miles
-
Ray's Seafood
1.49 miles
-
Raising Cane's
1.64 miles
-
Your Pie
1.82 miles
-
Tasty Cream Donuts
1.98 miles
-
Domino's
1.99 miles
-
Wendy's
2.10 miles
-
Twin Peaks
2.15 miles
-
Red Fish
2.23 miles
-
Chili's
2.23 miles
Contact Listing Broker
Caden LeBlanc
ELIFIN®
