1149 Smede Hwy - Warehouse FOR SALE
Broussard, LA 70518 |
$4,950,000 USD
858-373-3184
1149 Smede Hwy
Broussard, LA 70518
HIGHLIGHTS
- Long Term Absolute Net Lease Featuring 2.25% Annual Rental Increases throughout the Initial Term and Two, 5-Year Extension Options.
- Located in Broussard along Smede Highway, the property sits within the Lafayette Parish oilfield services cluster.
- Drilling Tools International (NASDAQ: DTI) is a Leading Publicly Traded Energy Services Company providing Downhole Drilling Tool Rentals.
- Port of Iberia Access - Just minutes from the property, the 2,000-Acre Port of Iberia provides Barge and Ship Access to the Gulf of Mexico.
- Strategic Gulf Coast Location - Situated between Houston and New Orleans, Broussard offers direct access to Major Markets via U.S. Hwy-90.
- Proximity to Major Energy and Industrial Operators - Nearby Operators And Demand Drivers Include Halliburton, Schlumberger, Baker Hughes, NOV, etc
OVERVIEW
Drilling Tools International (NASDAQ: DTI) | Long Term Absolute Net Lease w/ 2.25% Annual Increases | Leading Provider of Downhole Tools to Land and Offshore Drilling Markets | Strategic Gulf Coast Location | Minutes from Port of Iberia | Immediate Access to Hwy 90 & I-10 Logistics Network | Publicly Traded Tenant | Major Energy Operator Proximity
Louisiana Broker of Record: Steve Greer | 10527 Kentshire Ct., Ste. B Baton Rouge, LA 70810 | P: (225) 376-6800 | Lic #: BROK.995710346-ACT | Steve.Greer@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$4,950,000 USD
PRICE/SF
$180 USD /SF
CAP RATE
6.88%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
GLOBAL PROVIDER OF OIL AND GAS WELL DRILLING
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
ADD'L SUBTYPES
Distribution, Manufacturing, Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
5
PARKING SPACES
48
LAND DETAILS
LAND ACRES
10.05
LAND SF
437,778
ZONING
-
APN/PARCEL ID
18202A1052,18202A1549,18202A1550,18202A1552,18202A1749,18202A1751
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858-373-3184
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858-373-3184
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