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Net Lease

Global Oil & Gas Wells Industrial Provider | 54+ AC Lot | Absolute Net w/ 2.75% Annual Increases

3211 W Admiral Doyle Dr, New Iberia (Baton Rouge MSA), LA 70560

Listing Price: $11,441,213

Cap Rate
8.00%
Gross SF
165,135
Price/Gross SF
$69.28
Lot Size
54.27 acres
Year Built
1983
Rentable SF
165,135

Investment Overview

New Iberia, Louisiana, located in the heart of Iberia Parish, offers a compelling environment for industrial and manufacturing operations. Strategically positioned along U.S. Highway 90—soon to become Interstate 49—the city provides efficient transportation access to key Gulf Coast markets, including Houston and New Orleans. Just minutes away is the Acadiana Regional Airport, which features an 8,000-foot runway capable of accommodating heavy cargo aircraft, and the nearby Port of Iberia connects to the Gulf Intracoastal Waterway, offering direct maritime access to the Gulf of Mexico. This multimodal infrastructure makes New Iberia an ideal location for companies that rely on both overland and maritime shipping logistics.

The region is experiencing significant industrial growth, underscored by recent investments like First Solar’s planned $1.1 billion manufacturing facility and Ice Industries’ $6 million sheet metal operation—both creating hundreds of new jobs. These developments reflect a robust pro-business climate and a skilled regional workforce, with strong support from the Iberia Industrial Development Foundation and local educational institutions offering workforce training tailored to industry needs.

The Port of Iberia itself spans 2,000 acres and is home to over 100 companies employing more than 5,000 people, primarily in oil and gas services, marine fabrication, and heavy equipment manufacturing. The area also benefits from competitive utility rates and state-level economic incentives, making it cost-effective for long-term industrial investment.

Beyond its industrial appeal, New Iberia is known for its rich Cajun and Creole heritage, vibrant cultural events such as the Louisiana Sugar Cane Festival, and historic attractions like the Conrad Rice Mill. This unique combination of economic opportunity and cultural depth makes New Iberia a strategic and attractive destination for industrial users and investors alike.

Investment 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 - the Property sits on approximately 54.27 Acres.
  • This Asset Provides Several Mission-Critical Components including Access to Specific-use Equipment, Outdoor Storage Space and Strategic Geographical Positioning.
  • Strategic Gulf Coast Location - Situated between Houston and New Orleans, New Iberia offers direct access to Major Markets via U.S. Hwy-90 (Future I-49), enhancing Regional and National Distribution.
  • Wellbore Integrity Solutions is a Houston-based Global Company that Extends the Lifecycle of Oil, Gas, and Geothermal Wells through advanced Wellbore Intervention, Tubular Services, and Engineering Solutions focused on Safety and Performance.
  • 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 via the Gulf Intracoastal Waterway, supporting Heavy Industry and Global Logistics.
  • Established Industrial Corridor - the Admiral Doyle Corridor includes Fabrication, Distribution, and Storage Operations, creating Immediate Synergy for Manufacturers and Suppliers Seeking a Connected Ecosystem.
  • Growing Energy & Industrial Hub - New Iberia is Attracting Major Energy, Solar, and Marine Fabrication Players, including a $1.1B First Solar Plant and a $6M Ice Industries Facility, reinforcing its Role as a Regional Industrial Center.
  • In Close Proximity to Acadiana Regional Airport - features an 8,000-foot Runway Capable of Supporting Corporate and Cargo Aircraft, enabling fast Executive Travel and Air Freight Handling. Future Interstate Expansion - U.S. 90 is being Upgraded to Interstate 49, significantly Improving Freight Routes and Boosting Property Values Through Long-term Infrastructure Investments.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s) LA: BROK.995710346-ASA

    Louisiana

Financing By

Net Lease

Global Oil & Gas Wells Industrial Provider | 54+ AC Lot | Absolute Net w/ 2.75% Annual Increases

Listing Price: $11,441,213

Cap Rate
8.00%
Gross SF
165,135
Price/Gross SF
$69.28
Lot Size
54.27 acres
Year Built
1983
Rentable SF
165,135

Investment 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 - the Property sits on approximately 54.27 Acres.
  • This Asset Provides Several Mission-Critical Components including Access to Specific-use Equipment, Outdoor Storage Space and Strategic Geographical Positioning.
  • Strategic Gulf Coast Location - Situated between Houston and New Orleans, New Iberia offers direct access to Major Markets via U.S. Hwy-90 (Future I-49), enhancing Regional and National Distribution.
  • Wellbore Integrity Solutions is a Houston-based Global Company that Extends the Lifecycle of Oil, Gas, and Geothermal Wells through advanced Wellbore Intervention, Tubular Services, and Engineering Solutions focused on Safety and Performance.
  • 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 via the Gulf Intracoastal Waterway, supporting Heavy Industry and Global Logistics.
  • Established Industrial Corridor - the Admiral Doyle Corridor includes Fabrication, Distribution, and Storage Operations, creating Immediate Synergy for Manufacturers and Suppliers Seeking a Connected Ecosystem.
  • Growing Energy & Industrial Hub - New Iberia is Attracting Major Energy, Solar, and Marine Fabrication Players, including a $1.1B First Solar Plant and a $6M Ice Industries Facility, reinforcing its Role as a Regional Industrial Center.
  • In Close Proximity to Acadiana Regional Airport - features an 8,000-foot Runway Capable of Supporting Corporate and Cargo Aircraft, enabling fast Executive Travel and Air Freight Handling. Future Interstate Expansion - U.S. 90 is being Upgraded to Interstate 49, significantly Improving Freight Routes and Boosting Property Values Through Long-term Infrastructure Investments.

Investment Overview

New Iberia, Louisiana, located in the heart of Iberia Parish, offers a compelling environment for industrial and manufacturing operations. Strategically positioned along U.S. Highway 90—soon to become Interstate 49—the city provides efficient transportation access to key Gulf Coast markets, including Houston and New Orleans. Just minutes away is the Acadiana Regional Airport, which features an 8,000-foot runway capable of accommodating heavy cargo aircraft, and the nearby Port of Iberia connects to the Gulf Intracoastal Waterway, offering direct maritime access to the Gulf of Mexico. This multimodal infrastructure makes New Iberia an ideal location for companies that rely on both overland and maritime shipping logistics. The region is experiencing significant industrial growth, underscored by recent investments like First Solar’s planned $1.1 billion manufacturing facility and Ice Industries’ $6 million sheet metal operation—both creating hundreds of new jobs. These developments reflect a robust pro-business climate and a skilled regional workforce, with strong support from the Iberia Industrial Development Foundation and local educational institutions offering workforce training tailored to industry needs. The Port of Iberia itself spans 2,000 acres and is home to over 100 companies employing more than 5,000 people, primarily in oil and gas services, marine fabrication, and heavy equipment manufacturing. The area also benefits from competitive utility rates and state-level economic incentives, making it cost-effective for long-term industrial investment. Beyond its industrial appeal, New Iberia is known for its rich Cajun and Creole heritage, vibrant cultural events such as the Louisiana Sugar Cane Festival, and historic attractions like the Conrad Rice Mill. This unique combination of economic opportunity and cultural depth makes New Iberia a strategic and attractive destination for industrial users and investors alike.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Steve Greer

    Senior Director Investments

    (225) 376-6729

    License(s): LA: BROK.995710346-ASA

    Louisiana

Financing By

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