4308 W Admiral Doyle Dr

Industrial: Warehouse/Distribution

4308 W Admiral Doyle Dr, New IberiaLA 70560

Property Details

Location

Address
4308 W Admiral Doyle Dr, New IberiaLA 70560
County
Iberia Parish
Submarket
Parcels
0105630000

Building Size

Building Size
29,919 SF

Building Details

Type
 Industrial: Warehouse/Distribution
Number of Buildings
1
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
Sprinklers
Primary Const.
Concrete
Parking Ratio

Industrial Details

Dock High Doors
Not present
Grade Level Doors
Cross Dock Doors
Ceiling Height
Rail Doors
Yard
Electrical
Industrial Space

Land & Utilities

Land (Acres)
3.91 Acres
Land (SF)
170,135 SF
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

4308 W Admiral Doyle Dr.

29,385 SF$2,500,000
Cap Rate: 9%

Investment property tenant Hoover/OEG. 5 years remaining on the lease!! 11.11 acres.

1.5% annual increase in rent. Gross Rent average over the next 5 years.

Landlord responsible for property insurance.

2021-2022 $235,522.44

2022-2023 $239,055.27

2023-2024 $242,641.09

2024-2025 $246,280.70

2025-2026 $249,974.91

Gross Rent for remaining 5 years $1,213,474.41

Annual expenses

insurance $16,606.00 $83,030.00

Net income for remaining 5 years $1,130,444.40

NOI Average over 5 years $226,088.88

Investment property tenant Hoover/OEG. 5 years remaining on the lease!! 11.11 acres.

1.5% annual increase in rent. Gross Rent average over the next 5 years.

Landlord responsible for property insurance.

2021-2022 $235,522.44

2022-2023 $239,055.27

2023-2024 $242,641.09

2024-2025 $246,280.70

2025-2026 $249,974.91

Gross Rent for remaining 5 years $1,213,474.41

Annual expenses

insurance $16,606.00 $83,030.00

Net income for remaining 5 years $1,130,444.40

NOI Average over 5 years $226,088.88

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: LACDB

More Information

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