3206 Coteau Rd - Industrial FOR SALE
New Iberia, LA 70560 |
$30,000,000 USD
858-414-7849
3206 Coteau Rd
New Iberia, LA 70560
HIGHLIGHTS
- Absolute NNN Lease Structure - Tenant is responsible for Taxes, Insurance, and Common Area Maintenance (CAM).
- Property is being offered at an attractive 8% cap rate with potential for double digit cash on cash returns with current market financing.
- Newly Constructed Long-Term Lease - Tenant will commit to a brand new 15-20-year lease extension which will commence at the close of escrow.
- Included in the sale is roughly 20+ acres of raw, undeveloped land that can be seen as room for future expansion plans and or redevelopment purposes.
- New Iberia, LA - #1 Leading Gulf Inland Port – Serves & supports as a regional anchor for over 100 companies contributing roughly $2 Billion to the lo
FOR SALE DETAILS
PRICE
$30,000,000 USD
PRICE/SF
$365 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Global Vessel & Tank - 2 Unit Sale Leaseback
PROPERTY TYPE
Industrial
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
858-414-7849
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
858-414-7849
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
