511 Pride Dr | Hammond, LA

Chicago Commercial Real Estate Firm

511 Pride Drive, Hammond, LA 70401

The property consists of three industrial buildings totaling 715,434 square feet including 41,973 square feet of office space or 5.88%. The largest building is a steel and tilt-up concrete structure with concrete panel exterior walls and a flat, built-up roof. It contains 681,793 square feet of rentable area, of which, 58%, it is climate controlled and contains 2.7% is finished office space. This building was constructed in 1985 and renovated in 2001. The ceilings range from 28 to 38 feet clearance heights. This building is 100% occupied by four tenants, including Graham Packaging, Entergy Louisiana, Inc., Walmart, and Denka Performance Elastomer. The warehouse area has sealed concrete floors. The second building is a single-user industrial office building that contains 20,604 square feet of net rentable area. The entire space is climate controlled and composed of finished office space. It was originally constructed in 1988 and is 100% occupied by Entergy. The third building is a steel-framed structure with corrugated steel exterior walls and a pitched metal roof. It contains 11,847 square feet of net rentable area, of which, 25% is climate controlled, and 25% is finished office space. This building was constructed in 1991. The warehouse area has 17-foot ceilings. This building is 100% occupied by Penske.


Main Details

  • Asset Type: Industrial/Land
  • Sq. Ft.: 714,244
  • Site Size: 82.51
  • Clear Height: 28' - 38'
  • Docks/DID: 96/8
  • Acquired: 2017
  • Built: 1985
  • Renovated: 2001
  • Zoning: Industrial
  • Occupancy: 100%
  • Tenants: Penske Truck Leasing, Graham Packaging, Entergy Louisiana, Walmart and Denka

Building Features

Office finishes include tile flooring, textured or painted drywall walls, drop acoustical tile ceiling with recessed or ceiling mounted florescent lighting, and employee breakroom. The warehouse areas have sealed concrete floors, painted concrete and insulated metal walls, exposed ceilings with mercury vapor lighting fixtures. Fire protection includes a sprinkler system, illuminated exit signs, emergency lighting, smoke detectors and fire extinguishers. The office areas are heated/cooled by a gas-fired forced air rooftop and ground-mounted units. Electrical and plumbing appear adequate for the existing use. The subject was in good overall condition at the time of inspection.

Contact Broker

Avgeris and Associates, Inc.
630-620-8684

Avgeris and Associates, Inc.

2500 S. Highland Avenue, Suite 103
Lombard, IL 60148

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