3301 W Admiral Doyle Dr - Manufacturing FOR SALE


New Iberia, LA 70560
$11,880,000 USD
404-923-1381
3301 W Admiral Doyle Dr, New Iberia, LA for Sale
$11,880,000 USD
Manufacturing - FOR SALE
1/12
null | 7.5% Cap Rate

3301 W Admiral Doyle Dr
New Iberia, LA 70560


HIGHLIGHTS

  • Brand-New, Absolute NNN Lease
  • Globally integrated oilfield services company
  • WIS is strategically located within a strong oilfield corridor
  • The property features an ample plot of 54.27 acres
  • Mission Critical to Operations

OVERVIEW

CBRE is pleased to exclusively offer for sale the 165,135-square-foot Wellbore Integrity Solutions (“WIS”) industrial facility situated on 54.27 acres in New Iberia, LA. This asset provides several “mission-critical” components that are essential to WIS’s manufacturing operations including access to specific-use equipment, outdoor storage space and strategic geographical positioning, which illustrates the company’s long–term desire to remain in the location. WIS’ brand-new, absolute net lease features ±18.7 years of term remaining with 2.75% annual increases and two, 10-year extension options.

FOR SALE DETAILS

PRICE

$11,880,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wellbore Integrity Solutions: New Iberia, LA

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

UTILITIES

Lighting

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

156

LAND DETAILS

LAND ACRES

54.27

LAND SF

2,364,001

ZONING

4520

APN/PARCEL ID

0105479987

ASK ABOUT THIS PROPERTY

Will PikeCBRE, Inc.More Info
404-923-1381

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Will PikeCBRE, Inc.More Info
404-923-1381

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