11905 Highway 308, Larose, LA 70373

Building Details

Buildings 3 More

Listing Agency: Overby Commercial

Listed By: Scott Overby, CCIM · License LA BROK.995709122 Show Phone

Source: Crexi

Added: Sep 26 Changed: Nov 10 Last Checked: Nov 12 at 8:30AM

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Investment Insights

Based on property information with market context.

The offering comprises three industrial buildings totaling 68,638 square feet on 14.2 acres. National Oilwell Varco, L.P. occupies the facility for its Portable Power group, using it to rebuild, overhaul, and stage diesel and gas generators serving offshore drilling and production operations. The property is offered as a fee simple interest, and the lease extends through December 31, 2031.

At 11905 Highway 308 in Larose, Louisiana, the site is roughly 30 miles north of Port Fourchon. The true net lease places responsibility for taxes and insurance with the tenant, while the landlord has no operating obligations.

Key Highlights

• Three‑building industrial facility totaling 68,638 square feet
• 14.2‑acre site at 11905 Highway 308 in Larose, Louisiana
• Leased to National Oilwell Varco, L.P. through December 31, 2031

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Restaurant Building Supply Spa & Massage Center Electrical Service Storage Facility Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

121

Businesses Nearby

Explore this area Business Placement

Demographics for 70373, LA

6,490

Population

2,698

Households

2.4

Avg Household Size

41

Median Age

12%

College-Educated

72%

High-School Grad

55.0 sq mi

ZIP Area

118

Density / Sq Mi

$75,095

Median Household Income

$46,173

Median Earnings

$739

Median Rent

$178,900

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Office Flex Space with Warehouse

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Frequently Asked Questions

What type of property is this?

NNN property - A true net lease assigns property taxes and insurance to the tenant, with no operating duties for the landlord.

Where is this nnn property located?

The property is located at 11905 Highway 308 Larose, LA.

What is the asking price?

The asking price for this property is $5,300,000.

What are key features of this property?

This property features: Three‑building industrial facility totaling 68,638 square feet; 14.2‑acre site at 11905 Highway 308 in Larose, Louisiana; Leased to National Oilwell Varco, L.P. through December 31, 2031