1083 Forum Dr Broussard, LA 70518
NNN leased office/warehouse in Broussard, LA. New 6-year lease.
Property size:
11,900 SFLot size:
1.12 AcresProperty Features for 1083 Forum Dr
General Information
- Standard status
- Active
- Zoning
- Industrial
- Size
- 11,900 SF
- Lot size
- 1.12 Acres
Building Details
- Year built
- 2025
Source:
Crexi
Listing Agent: Sabrina Sapienza
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Broussard Office/Warehouse Investment Opportunity
The property is an office/warehouse facility located in Broussard, Louisiana. The building has 11,900 square feet, including 2,298 square feet of finished office space and 9,602 square feet of warehouse space. The property is located within Schaefer Industrial Park, surrounded by numerous industrial buildings and established tenants, including Citgo, Gulf America, Pilot Thomas Logistics, and American Eagle Transport LLC. The surrounding 5-mile trade area has a population of over 30,000 and 17,000 employees, with an average household income of $99,739. The property is strategically located near Highway 90, which sees approximately over 17,000 vehicles per day. The property is NNN leased to OTC Industrial Technologies, who recently signed a new 6-year lease with 2 (5-year) options to extend. The lease features approximately 1.80% rental increases every two years throughout the initial term. The lease is NN with minimal landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. The property offers a functional layout ideal for a variety of industrial users, designed to support operational flexibility and long-term scalability.
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- Broussard
- County
- Lafayette
- State
- Louisiana
- Longitude
- -91.9422
- Latitude
- 30.1301
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FAQs
What type of property is this?
NNN property - NNN leased office/warehouse in Broussard, LA. New 6-year lease.
Where is this nnn property located?
The property is located at 1083 Forum Dr Broussard, LA.
What are key features of this property?
This property features: - NNN leased investment property, perfect for passive income with minimal landlord responsibilities.; - Brand new 6-year lease with OTC Industrial Technologies, featuring two 5-year extension options.; - Benefit from scheduled rental increases of approximately 1.80% every two years.
