4927 Highway 90 E | Broussard, LA 70518
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- LoopNet Team
4927 Highway 90 E
Broussard, LA 70518
GHX Industrial · Industrial Property For Sale
Investment Highlights
- Recent Lease Extension Shows GHX’s Commitment to the Real Estate
- Triple-Net Lease with Limited Landlord Responsibilities for Out-of-Market Owners
- Recent Pandemic Instability Did Not Affect the Outlying Lafayette Parish Submarket, Resulting in a Tight 3.5% Vacancy Rate
- Property Sits on 3.05 Acres and is Set Up with Outside Storage as Well as Potential for Expansion
- Below-Market Rental Rate for Tenant Creates Opportunity to Re-Lease at Competitive Market Rate
- Rents Grew by 3.9% Over the Past 12 Months, Exceeding the 2.4% Average Annual Change Over the Past Decade
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Distribution | Year Built | 1996 |
| Building Class | C | Tenancy | Single |
| Lot Size | 3.05 AC | Parking Ratio | 0.43/1,000 SF |
| Rentable Building Area | 18,775 SF | No. Drive In / Grade-Level Doors | 4 |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 3.05 AC |
| Rentable Building Area | 18,775 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Tenancy | Single |
| Parking Ratio | 0.43/1,000 SF |
| No. Drive In / Grade-Level Doors | 4 |
Amenities
- Fenced Lot
- Signage
- Yard
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $86,342 | |
| Land Assessment | $37,347 | Total Assessment | $123,690 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$37,347
Improvements Assessment
$86,342
Total Assessment
$123,690
zoning
| Zoning Code | IL (Industrial Light) |
| IL (Industrial Light) |
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