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Wellbore Integrity Solutions: New Iberia, LA 3301 W Admiral Doyle Dr

165,135 SF Industrial Building New Iberia, LA 70560 $11,880,000 ($72/SF) 7.50% Cap Rate

Industrial Properties Louisiana New Iberia 3301 W Admiral Doyle Dr, New Iberia, LA 70560

Investment Highlights

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

Executive Summary

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 ±19.1 years of term remaining with 2.75% annual increases and two, 10-year extension options.

Property Facts

Price $11,880,000 Lot Size 54.27 AC
Price Per SF $72 Rentable Building Area 165,135 SF
Sale Type Investment NNN No. Stories 2
Cap Rate 7.50% Year Built/Renovated 1983/2012
Property Type Industrial Tenancy Single
Property Subtype
Manufacturing
  • Industrial Manufacturing
 Parking Ratio 0.94/1,000 SF
Building Class C
Price $11,880,000
Price Per SF $72
Sale Type Investment NNN
Cap Rate 7.50%
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Manufacturing
Building Class C
Lot Size 54.27 AC
Rentable Building Area 165,135 SF
No. Stories 2
Year Built/Renovated 1983/2012
Tenancy Single
Parking Ratio 0.94/1,000 SF

Amenities

  • Yard

Utilities

  • Lighting
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 0105479987B
  • 0105479987
 Improvements Assessment $484,208
Land Assessment $157,823 Total Assessment $642,031

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0105479987B
  • 0105479987
Land Assessment
$157,823
Improvements Assessment
$484,208
Total Assessment
$642,031

zoning

Zoning Code 4520 (4520 - Comm - Store & Comm Bldg)
4520 (4520 - Comm - Store & Comm Bldg)
(404) 923-1381

Contacts

  • Will Pike
    Will Pike
  • Brian Pfohl
    Brian Pfohl
  • Cyrus Felfeli
    Cyrus Felfeli
  • Bryce French
    Bryce French
  • Abby Kelly
    Abby Kelly
  • Leah Lindell
    Leah Lindell
  • Kaitlyn Wolf
    Kaitlyn Wolf

  • Listing ID: 33207079

  • Date on Market: 9/17/2024

  • Last Updated:

  • Address: 3301 W Admiral Doyle Dr, New Iberia, LA 70560

More public record information on 3301 W Admiral Doyle Dr, New Iberia, LA 70560

The Industrial Property at 3301 W Admiral Doyle Dr, New Iberia, LA 70560 is currently available for sale. Contact CBRE, Inc. for more information.

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The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Wellbore Integrity Solutions: New Iberia, LA | 3301 W Admiral Doyle Dr
(404) 923-1381 x

Wellbore Integrity Solutions: New Iberia, LA | 3301 W Admiral Doyle Dr

1/7

Will Pike

(404) 923-1381

(404) 923-1381

Brian Pfohl

(404) 504-7900

(404) 504-7900

Cyrus Felfeli

(404) 504-7900

(404) 504-7900

Bryce French

(504) 427-2090

(504) 427-2090

Abby Kelly

(404) 923-1460

(404) 923-1460

Leah Lindell

(404) 812-5136

(404) 812-5136

Kaitlyn Wolf

(404) 812-5299

(404) 812-5299

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