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3211 W Admiral Doyle Dr
New Iberia, LA 70560

$11,441,213 USD

Manufacturing For Sale  •  27,258 SF

Property Details

  • Property Type Manufacturing
  • Total Building Size 27,258 SF
  • Lot Size 7.53 AC
  • Building Class A
  • Year Built 1983
  • Cap Rate 8.22 %
  • Tenancy Single
0 Transit Score
6 Walk Score

Highlights

Long Term Absolute Net Lease Featuring 2.75% Annual Rental Increases throughout the Initial Term and two, 10-year Extension Options. Large Land Tract.
This Asset Provides Several Mission-Critical Components including Access to Specific-use Equipment, Outdoor Storage Space and Strategic Positioning.
Wellbore Integrity Solutions is a Houston-based Global Company that Extends the Lifecycle of Oil, Gas, and Geothermal Wells.
Port of Iberia Access - Just minutes from the property, the 2,000-Acre Port of Iberia provides Barge and Ship Access to the Gulf of Mexico,
Strategic Gulf Coast Location - Situated between Houston and New Orleans, New Iberia offers direct access to Major Markets via U.S. Hwy-90.
Established Industrial Corridor - the Admiral Doyle Corridor includes Fabrication, Distribution, and Storage Operations.
Cap Rate: 8.22 %

Major Tenants

Tenant SF Occupied Lease End Date
Wellbore Integrity Solutions 165,135 SF 9/27/2043

Public Transportation

Commuter RailDriveWalkDistance
6 min - 3.3 mi
AirportDriveWalkDistance
Lafayette Regional/Paul Fournet Field 27 min - 17.2 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap