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609 Rue De Brille 13,287 SF Office Building New Iberia, LA 70563 $2,153,057 ($162.04/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Investment Grade Tenant
- Annual Rental Increases
- Growing Industry
- Recent Lease Extension
- Leading Operator
EXECUTIVE SUMMARY
Brille in New Iberia, Louisiana.
Fresenius recently executed an early five (5) year extension of their NN lease, demonstrating a long-term commitment to the site. The lease features 2% annual rental increases throughout the extended term, providing investors with stable and predictable income growth.
Fresenius Medical Care is the global leader in kidney care, operating over 4,100 facilities and serving approximately 345,000 patients worldwide. This location offers investors the opportunity to acquire a well-located asset backed by an investment-grade tenant in the growing dialysis treatment sector.
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Health Care and Social Assistance
- 1,164 SF
- $13.50
- Double Net
- Dec 2035
Fresenius Medical Care, a publicly traded company, is the world’s leading provider of products and services for patients with chronic kidney disease, established through a merger in 1996. The company operates approximately 3,700 dialysis clinics globally and serves over 299,000 patients per year, supported by around 40 production facilities for dialysis machines, dialyzers, and related supplies. It offers in-center and home dialysis, vascular access care, renal pharmaceuticals, and clinical lab services. In 2025, Fresenius emphasized expanding home dialysis programs and advancing patient-centered technologies. The Morristown, TN center at 420 W Morris Blvd is part of its U.S. network, providing in-center hemodialysis, peritoneal dialysis, and home hemodialysis training. Leadership is based in Germany, but regional leadership, including center operations, is supported by executive and medical officers across North America.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Health Care and Social Assistance | 1,164 SF | $13.50 | Double Net | Dec 2035 |
PROPERTY TAXES
| Parcel Number | 0502988023 | Improvements Assessment | $146,620 |
| Land Assessment | $18,416 | Total Assessment | $165,036 |
PROPERTY TAXES
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609 Rue De Brille
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