3735 Highway 90 E - Manufacturing FOR SALE


Broussard, LA 70518
$43,150,000 USD
914-498-2225
3735 Highway 90 E, Broussard, LA for Sale
$43,150,000 USD
Manufacturing - FOR SALE
1/4
null | 6% Cap Rate

3735 Highway 90 E
Broussard, LA 70518


HIGHLIGHTS

  • 140,143 SF across 7 buildings on 17.62 acres, 100% occupied
  • Built/Substantially Renovated with modern, like-new construction
  • Clear-span structural steel construction throughout
  • Full HVAC across office, shop, and warehouse areas

OVERVIEW

SRS Real Estate Partners is pleased to offer the opportunity to acquire a rare stabilized industrial opportunity with future upside via new development expansions with the existing tenant. The tenant specializes in engineering and manufacturing state-of-the-art power distribution systems focused on providing temporary and permanent portable power solutions. One of their primary business sources is providing temporary power to datacenter developments across the country. The opportunity provides for future upside and value-add potential via new development. All of the leases are linked together and every time a new building is delivered to the tenant, their leases reset to 7.5 years on all other buildings within the campus. The tenant continues to have new needs for expansion including manufacturing and inventory buildings, along with other corporate support and training needs. The facility is developed and planned to accommodate over 130,000 SF of additional buildings. This will allow for future development on the property and provide an ability for the tenant to continue to grow its corporate campus in its current location, all the while providing inherent upside to an investor on a future exit. The property is centrally located in Broussard, LA just south of Lafayette. Broussard is strategically located between Houston and New Orleans, with direct access to major interchanges.

FOR SALE DETAILS

PRICE

$43,150,000 USD

PRICE/SF

$4,548 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

140,143 SF Industrial Offering

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

Lighting, Water, Sewer

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

17.62

LAND SF

767,527

ZONING

-

APN/PARCEL ID

6010783

ASK ABOUT THIS PROPERTY

Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

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Sabrina SapienzaSRS Real Estate PartnersMore Info
914-498-2225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.