Prime Industrial Land for Sale/Lease in Shreveport, LA January 2012 Racertrust.Org Racertrust.Org RACER TRUST PROPERTY AVAILABLE in SHREVEPORT, LA 2
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RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 1 Prime industrial land for sale/lease in Shreveport, LA January 2012 racertrust.org racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 2 Table of Contents 3 Property Summary 4 Property Location 5 Property Assets 8 Property Details 17 Property Ownership and Recent History 18 Environmental Conditions 20 Collateral Information, including: Transportation Assets * Access/Linkage * Airports * Port Facilities * Regional Bus Service * Utilities and Natural Gas * Zoning and Business Assistance 28 Regional* Overview, including: Community Snapshot * Workforce Programs & Services * Education * Largest Manufacturing Employers * Employment Snapshot * Medical Facilities and Emergency Services * Links to Helpful Resources 44 Demographic* Information 46 RACER Summary 47 Conditions 48 Transaction Guidelines/Bid Instructions 49 Links for Bidders racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 3 Property Summary Shreveport Assembly and Stamping Plant 7600 General Motors Boulevard Shreveport, LA 71130 This plant comprises a 529.8-acre area located in a quality industrial park southwest of Shreveport, LA. While not in the City limits (the Property is located in Caddo Parish), it enjoys City services and utilities. The main building contains more than 1.8 million square feet of air-conditioned floor space and approximately 18 miles of conveyor line for assembly under one roof. Wastewater treatment, heating, steam generation, deionized water, bulk-fluid transfer and air conditioning is supplied by the plant’s powerhouse. County: Caddo Parish Land Area: 529.8 acres General Description: One main building with 1.8 million square feet and an associated paint shop building with 1.5 million square feet Zoning: I-2 Industrial District (land and structures used for heavy manufacturing located with convenient access to existing and future arterials, thoroughfares and railways) Tax Parcel Number: 171528000002800 RACER Site Number: 11920 More information about this property may be reviewed on RACER’s website at www.racertrust.org/Properties/PropertyDetail/Shreveport_1192/Details_1192. racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 4 Property Location Shreveport Assembly and Stamping Plant 7600 General Motors Boulevard Shreveport, LA 71130 ©2011 Google - Imagery ©2011 Cnes/Spot Image, DigitalGlobe, GeoEye, U.S. Geological Survey, USDA Farm Service Agency, Map data ©2011 Google *Disclaimer: Property boundaries presented on this map are for informational purposes only and have not been prepared for legal, engineering, or surveying purposes. RACER makes no representations as to the accuracy of the maps, aerial photographs, or boundary depictions contained herein. racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 5 Property Assets • Ideally suited for heavy manufacturing use with ample room for expansion opportunities. • Rail service to Property. • Heavy utility available to Property; heavy utility distribution within facilities. • Good geographical access. • Buildings in excellent condition. • Local community boasts good quality of life and pro-industry attitude. • Abundant skilled labor workforce. racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 6 Property Assets (continued) racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 7 Property Assets (continued) racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 8 Property Details Overview Location 7600 General Motors Boulevard, Shreveport, LA 71130 Tax Parcel ID Numbers 171528000002800 Total Land Area of Property (Acres) 529.8 Total Land Assessed Value* $655,970 Total Improvement Assessed Value* $2,016,050 Total Assessed Value* $9,038,720 Total Annual Property Taxes $136,467 I-2 Industrial District (land and structures used for heavy Zoning manufacturing), with convenient access to existing and future arterials, thoroughfares and railways Visibility Average Shape Irregular Road Frontage 4,365 feet Road Access Adequate Number of Structures at Property 3 Main plant including former assembly and stamping areas; Types of Structures at Property associated paint shop and sludge building; wastewater treatment plant and power house Total Floor Area (SF) 3,386,975 *Assessed values are significantly reduced through a tax abatement program. racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 9 Property Details (continued) Utilities Available at site Electricity Available at site Sewer Available at site Water Available at site Natural Gas Available at site Adequacy of Utilities Adequate GM manufacturing operations to continue until Licenses for Temporary Use (If Any) August 31, 2012 Storm Water Management System On-site wastewater treatment plant Wastewater Management System On-site wastewater treatment plant Industrial Pretreatment System On-site wastewater treatment plant Vehicle Parking (Number of Spaces) N/A Prior GM Use Manufacture of mid-size pickup trucks Industrial land to north and east; vacant land to south; Surrounding Owners/Uses and vacant and industrial land to west Rail Service Yes Name and Proximity to Nearest Interstate Highway(s) I-20 (2 miles); I-49 (12 miles) Name and Proximity to Nearest Commercial Airport(s) Shreveport Regional Airport (5 miles) Name and Proximity to Nearest Commercial Seaport(s) Port of Shreveport-Bossier (20 miles) School District Caddo Parish Schools racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 10 Property Details (continued) General Assembly and Stamping Plant Year Constructed 2002 Floor Area, General Assembly Area (SF) 997,375 Floor Area, Stamping Area (SF) 240,000 Floor Area, Body Shop Area (SF) 602,500 Number of Floors 1 Roof Construction Single ply membrane Mezzanine Floor Type Metal Column Spacing 50’ (General Assembly Area and Body Shop Area) Dock Doors, General Assembly Area 49 Dock Doors, Stamping Area 4 Dock Doors, Body Shop Area 10 Floor Type Concrete Elevators 1 freight in Stamping Area racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 11 Property Details (continued) General Assembly and Stamping Plant (continued) Fire Suppression System Sprinklers Lighting System Sodium and/or fluorescent tube Direct-fired natural gas or steam from powerhouse; natural Heating System gas door heaters Electric Service Southwestern Electric Power Company 13,800 Natural Gas Service CenterPoint Energy Steam Service Provided by on-site powerhouse Compressed Air Service Provided by on-site powerhouse Water Service City of Shreveport IT Service Provided by HP Enterprise Services Emergency Generator Diesel generator 24-hour staffed gates, security cameras, 8-foot chain-link Security System fence topped with barbed wire, security patrols Asbestos-containing Materials Fire doors, roof flashing, arc chutes in substations Note: The plant also is air conditioned. racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 12 Property Details (continued) Paint Shop and Sludge Building Paint Shop Old Trim Building Year Constructed 1978 1978 General Assembly Trim/Paint Shop Uses Medium-duty truck painting buffer Floor Area (SF) 712,800 226,800 Number of Floors 1 - Conveyors on roof 1 - Conveyors on roof Floor Type Concrete Concrete Ceiling Height (ft.) 32’ 8” 32’ 8” Clear Height (ft.) 25’ 4” 25’ 4” Column Spacing (ft.) ~45’ ~45’ Roof Construction Built up Built up Mezzanine Floor Type Metal None Dock Doors 2 4 Elevators 1 - freight None Fire Suppression System Cardox tank Sprinklers Lighting System Sodium and/or fluorescent tube Heating System Direct-fired natural gas or steam from powerhouse; natural gas door heaters Electric Service Southwestern Electric Power Company 13,800 Natural Gas Service CenterPoint Energy Steam Service Provided by on-site powerhouse Compressed Air Service Provided by on-site powerhouse racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 13 Property Details (continued) Paint Shop and Sludge Building (continued) Paint Shop (continued) Old Trim Building (continued) Water Service City of Shreveport IT Service Provided by HP Enterprise Services Emergency Generator 1 diesel generator Fire alarm call boxes Fire Doors, cardox system gaskets, Fire doors, roof flashing, arc chutes Asbestos-containing Materials roof flashing, arc chutes in sub- in sub-station station Paint Shop and Sludge Building (continued) Old General Assembly ELPO/Phosphate Building Sludge Building Building Year Constructed 2002 1978 1978 Skilled trades shops, Electro-coating sheet metal Paint sludge processing Uses admin, main medical, bodies system security Floor Area (SF) 60,750 30,375 516,375 Number of Floors 4 1 1 - Conveyors on roof Floor Type Concrete Concrete Concrete Ceiling Height (ft.) 32’ 8” Clear Height (ft.) 25’ 4” Column Spacing (ft.) ~45’ ~45’ Roof Construction Built up Single ply membrane Built up Mezzanine Floor Type None None None Dock Doors 0 0 12 racertrust.org RACER TRUST PROPERTY AVAILABLE IN SHREVEPORT, LA 14 Property Details (continued) Paint Shop and Sludge Building (continued) ELPO/Phosphate Building Old General Assembly Sludge Building (continued) (continued) Building (continued) Elevators 1 - freight None None Fire Suppression System Sprinklers Lighting System Sodium and/or fluorescent tube Heating System Direct-fired natural gas or steam from powerhouse; natural gas door heaters Electric Service Southwestern Electric Power Company 13,800 Natural Gas Service CenterPoint Energy Steam Service Provided by on-site powerhouse Compressed Air Service Provided by on-site powerhouse Water