Real Estate For Sale in...

101 Burgess Dr, Broussard, LA 70518

Commercial Property MLS# 17003053 ID: 44300395
$1,400,000 Get Rates

Industrial, Industrial Bldg -Flex Space - Broussard, LA
INVESTMENT OPPORTUNITY! This property is approximately 17,500 SF with 2,500 SF of office and 15,000 SF of warehouse space. Site is +/- 1.62 acres and is stabilized and fully fenced. This property was initially leased by a National tenant who is still guaranteeing the lease. National tenant subleased the remaining lease through 3/31/2019 with a strong regional company who signed an extension with Lessor until 9/30/2021. So existing sub-lease tenant has a little over 4 years left on the lease. Lease is NNN with Lessee paying all expenses. Cap Rate is 8.5% and NOI = $117,600 per year. All office space has been renovated and updated within the past 2 years. New parking lot and concrete lay down yard on the side of the building. Super nice facility with great exposure to Hwy 90.

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Location Information near 101 Burgess Dr
Offered by David Gleason at Coldwell Banker Commercial Pelican Real Estate

Would you like more information regarding this property?
Please call (337) 233-9540.

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Property Features for 101 Burgess Dr
Market Status
Last Updated
September 21, 2017
Property Type
Commercial Property
Sq. Feet

Listing Features

  • Property Type: Commercial; Industrial
  • David Gleason
  • Coldwell Banker Commercial Pelican Real Estate

Data Provided by:
Coldwell Banker

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More information about this $1,400,000 Commercial Property at 101 Burgess Dr

This $1,400,000 Commercial Property at 101 Burgess Dr in Broussard, LA is presented by David Gleason. This $1,400,000 Commercial Property, located in the 70518 zip code, has the following property features: Property Type. This 101 Burgess Dr Commercial Property, located in Lafayette Parish , is listed under MLS listing number 17003053 and has a listing price of $1,400,000. You can find more BROUSSARD homes for sale here.