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2575 Calcasieu Industrial Dr 50,000 SF 100% Leased Office Building Sulphur, LA 70665 $18,850,000 ($377/SF)



INVESTMENT HIGHLIGHTS
- • New 2025 Class A build-to-suit for CITGO
- • Strong industrial corridor with $30B+ surrounding expansion
- • Long-term, credit-backed cash flow stability
- • Direct access to Interstate 10
- • Minimal landlord obligations under NN structure
EXECUTIVE SUMMARY
This newly constructed 50,000-square-foot Class A office building sits within Calcasieu Industrial Park, a 100-acre master-planned industrial park in Sulphur, Louisiana. Delivered in 2023 as a build-to-suit for CITGO Petroleum Corporation, the property offers prime visibility and immediate access to Interstate 10. Built for long-term corporate operations, the facility combines a modern office environment with industrial-grade infrastructure and direct service road access. The park hosts a strong mix of national and regional users and is surrounded by more than $30 billion in ongoing industrial investment, making it one of the Gulf South’s most active petrochemical corridors. The asset is secured by a 15-year Double Net (NN) lease with CITGO, featuring a 10-year full guarantee, 2% annual escalations, and a limited termination right after month 126. Landlord obligations are minimal, restricted to roof and major HVAC replacement, both under warranty—supporting stable, predictable income. With credit tenancy, modern construction, and long-term durability in a booming industrial market, this property offers a rare opportunity to acquire a premier office asset in a heavily invested petrochemical hub.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
50,000 SF
Building Class
B
Year Built
1990
Price
$18,850,000
Price Per SF
$377
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
25,000 SF
Building FAR
0.05
Lot Size
22.15 AC
Parking
200 Spaces (4 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 00116637 | Improvements Assessment | $0 |
| Land Assessment | $35,340 | Total Assessment | $35,340 |
PROPERTY TAXES
Parcel Number
00116637
Land Assessment
$35,340
Improvements Assessment
$0
Total Assessment
$35,340
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2575 Calcasieu Industrial Dr
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