3206 Coteau Rd | New Iberia, LA 70560
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- LoopNet Team
3206 Coteau Rd
New Iberia, LA 70560
Global Vessel & Tank - 2 Unit Sale Leaseback · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease Structure - Tenant is responsible for Taxes, Insurance, and Common Area Maintenance (CAM).
- Newly Constructed Long-Term Lease - Tenant will commit to a brand new 15-20-year lease extension which will commence at the close of escrow.
- New Iberia, LA - #1 Leading Gulf Inland Port – Serves & supports as a regional anchor for over 100 companies contributing roughly $2 Billion to the lo
- Property is being offered at an attractive 8% cap rate with potential for double digit cash on cash returns with current market financing.
- Included in the sale is roughly 20+ acres of raw, undeveloped land that can be seen as room for future expansion plans and or redevelopment purposes.
- 10.4% Day 1 Cash on Cash At List Price - Nearly 12% 5 Year Average
PROPERTY FACTS
PROPERTY TAXES
| Parcel Number | 0105479985 | Improvements Assessment | $239,439 |
| Land Assessment | $33,775 | Total Assessment | $273,214 |
PROPERTY TAXES
Parcel Number
0105479985
Land Assessment
$33,775
Improvements Assessment
$239,439
Total Assessment
$273,214
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