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This Industrial Property is no longer advertised on LoopNet.com.

4927 Highway 90 E
Broussard, LA 70518

GHX Industrial · Industrial Property For Sale

Investment Highlights

  • Recent Lease Extension Shows GHX’s Commitment to the Real Estate
  • Triple-Net Lease with Limited Landlord Responsibilities for Out-of-Market Owners
  • Recent Pandemic Instability Did Not Affect the Outlying Lafayette Parish Submarket, Resulting in a Tight 3.5% Vacancy Rate
  • Property Sits on 3.05 Acres and is Set Up with Outside Storage as Well as Potential for Expansion
  • Below-Market Rental Rate for Tenant Creates Opportunity to Re-Lease at Competitive Market Rate
  • Rents Grew by 3.9% Over the Past 12 Months, Exceeding the 2.4% Average Annual Change Over the Past Decade

PROPERTY FACTS

Property Type Industrial
Property Subtype Distribution
Building Class C
Lot Size 3.05 AC
Rentable Building Area 18,775 SF
No. Stories 1
Year Built 1996
Tenancy Single
Parking Ratio 0.43/1,000 SF
No. Drive In / Grade-Level Doors 4

Amenities

  • Fenced Lot
  • Signage
  • Yard

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6094788
  • 6094920
  • 6094313
Land Assessment
$26,348
Improvements Assessment
$60,913
Total Assessment
$87,261

zoning

Zoning Code IL (Industrial Light)
IL (Industrial Light)
  • Listing ID: 21900305

  • Date on Market: 1/5/2021

  • Last Updated:

  • Address: 4927 Highway 90 E, Broussard, LA 70518

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