MIKE FALGOUST & ASSOCIATES COMMERCIAL REAL ESTATE

OPPORTUNITY DRIVE OFFICE/WAREHOUSE SELLS

An office warehouse on Opportunity Drive has sold. Garcia Management Group sold the property to H&O Investments. The 4,700-square-foot office warehouse building sold for $435,000 last week. The sale price equates to $92.50 per square foot. The building is situated on a lot measuring 112 feet across the front by 272 feet in depth. H&O Investments, a landscaping company, had leased the property for about a year and had an option to purchase in its lease. The property was brokered by Scot Guidry with Mike Falgoust & Associates. The selling agent was Sherri Rachal at Donna Villar Real Estate Company.

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