Net Lease
Leading Global Provider of Downhole Drilling Tools | 11+ Year Absolute Net | 2.25% Annual Increases
1149 Smede Hwy, Broussard (Lafayette MSA), LA 70518
Listing Price: $4,950,000
Investment Overview
Broussard, Louisiana is strategically positioned within the greater Lafayette Parish industrial corridor, one of the most established energy service hubs in the Gulf Coast region. Located along US Highway 90 (future Interstate 49 corridor) with immediate connectivity to Interstate 10, the area provides efficient east–west logistics access between Houston and New Orleans while maintaining direct proximity to South Louisiana’s offshore and onshore energy infrastructure.
The Lafayette–Broussard submarket serves as a core operations base supporting activity in the Haynesville Shale and the Gulf of Mexico. Major regional demand drivers include global energy service providers such as Halliburton, SLB (formerly Schlumberger), Baker Hughes, and NOV, along with numerous fabrication yards, drilling contractors, and marine service operators. The nearby Port of Iberia further supports offshore fabrication, marine logistics, and deepwater production projects.
Beyond traditional drilling activity, Louisiana continues to benefit from LNG export expansion and petrochemical investment along the Gulf Coast, reinforcing long-term industrial demand throughout the Acadiana region. Lafayette Parish maintains a skilled blue-collar workforce deeply rooted in energy, manufacturing, and industrial services, supporting durable occupancy across warehouse, yard, and service-oriented industrial assets.
Broussard specifically remains one of the most supply-constrained industrial submarkets in South Louisiana, particularly for properties with functional yard space and heavy industrial zoning. This dynamic supports long-term residual land value, re-tenanting flexibility, and continued investor interest in strategically located Gulf Coast industrial real estate tied to hard-asset energy infrastructure rather than discretionary sectors.
Leading Global Provider of Downhole Drilling Tools | 11+ Year Absolute Net | 2.25% Annual Increases
Investment Highlights
- Long Term Absolute Net Lease Featuring 2.25% Annual Rental Increases throughout the Initial Term and Two, 5-Year Extension Options. Large Land Tract - the Property sits on approximately 10 Acres.
- Located in Broussard along Smede Highway, the property sits within the Lafayette Parish oilfield services cluster supporting the Haynesville Shale and Gulf of Mexico offshore operations.
- Drilling Tools International (NASDAQ: DTI) is a Leading Publicly Traded Energy Services Company providing Downhole Drilling Tool Rentals, Manufacturing, and Inspection Services.
- 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.
- Strategic Gulf Coast Location - Situated between Houston and New Orleans, Broussard offers direct access to Major Markets via U.S. Hwy-90 (Future I-49), enhancing Regional and National Distribution Capabilities.
- Proximity to Major Energy and Industrial Operators - Nearby Operators And Demand Drivers Include Halliburton, Schlumberger, Baker Hughes, NOV, And Multiple Gulf Coast Offshore And Onshore Drilling Contractors.
- Lafayette Parish maintains a skilled blue-collar workforce deeply rooted in energy, manufacturing, and industrial services, supporting durable occupancy across warehouse, yard, and service-oriented industrial assets.
- 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
Net Lease
Leading Global Provider of Downhole Drilling Tools | 11+ Year Absolute Net | 2.25% Annual Increases
Listing Price: $4,950,000
Investment Highlights
- Long Term Absolute Net Lease Featuring 2.25% Annual Rental Increases throughout the Initial Term and Two, 5-Year Extension Options. Large Land Tract - the Property sits on approximately 10 Acres.
- Located in Broussard along Smede Highway, the property sits within the Lafayette Parish oilfield services cluster supporting the Haynesville Shale and Gulf of Mexico offshore operations.
- Drilling Tools International (NASDAQ: DTI) is a Leading Publicly Traded Energy Services Company providing Downhole Drilling Tool Rentals, Manufacturing, and Inspection Services.
- 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.
- Strategic Gulf Coast Location - Situated between Houston and New Orleans, Broussard offers direct access to Major Markets via U.S. Hwy-90 (Future I-49), enhancing Regional and National Distribution Capabilities.
- Proximity to Major Energy and Industrial Operators - Nearby Operators And Demand Drivers Include Halliburton, Schlumberger, Baker Hughes, NOV, And Multiple Gulf Coast Offshore And Onshore Drilling Contractors.
- Lafayette Parish maintains a skilled blue-collar workforce deeply rooted in energy, manufacturing, and industrial services, supporting durable occupancy across warehouse, yard, and service-oriented industrial assets.
- 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
Broussard, Louisiana is strategically positioned within the greater Lafayette Parish industrial corridor, one of the most established energy service hubs in the Gulf Coast region. Located along US Highway 90 (future Interstate 49 corridor) with immediate connectivity to Interstate 10, the area provides efficient east–west logistics access between Houston and New Orleans while maintaining direct proximity to South Louisiana’s offshore and onshore energy infrastructure. The Lafayette–Broussard submarket serves as a core operations base supporting activity in the Haynesville Shale and the Gulf of Mexico. Major regional demand drivers include global energy service providers such as Halliburton, SLB (formerly Schlumberger), Baker Hughes, and NOV, along with numerous fabrication yards, drilling contractors, and marine service operators. The nearby Port of Iberia further supports offshore fabrication, marine logistics, and deepwater production projects. Beyond traditional drilling activity, Louisiana continues to benefit from LNG export expansion and petrochemical investment along the Gulf Coast, reinforcing long-term industrial demand throughout the Acadiana region. Lafayette Parish maintains a skilled blue-collar workforce deeply rooted in energy, manufacturing, and industrial services, supporting durable occupancy across warehouse, yard, and service-oriented industrial assets. Broussard specifically remains one of the most supply-constrained industrial submarkets in South Louisiana, particularly for properties with functional yard space and heavy industrial zoning. This dynamic supports long-term residual land value, re-tenanting flexibility, and continued investor interest in strategically located Gulf Coast industrial real estate tied to hard-asset energy infrastructure rather than discretionary sectors.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.