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Industrial Warehouse on Acreage
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615 N Landry Dr, New Iberia, LA 70563

Industrial facility paired with a 12-year absolute NNN lease to Premiere Inc. at closing.

Property Size58,075 SF
Lot Size17.00 Acres
Days on Market143

Property Features for 615 N Landry Dr

General Information

Standard status Active
Size 58,075 SF
Lot size 17.00 Acres
Property subtype Industrial

Building Details

Building Size 58,075 SF
Listing Agency: Kwekel Companies
Listed By: Tim Kwekel · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 11:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kwekel Companies

Investment Insights

Based on property information with market context.

The offering includes a 58,075 square foot industrial building positioned on a 17 acre site in New Iberia, Louisiana. The asset is structured as a sale leaseback involving Premiere Inc., which will enter into a new 12 year absolute NNN lease at closing.

Located at 615 N Landry Dr, the property combines an established industrial facility with a long-term occupancy agreement. The absolute NNN structure places the property within a defined lease framework while preserving the underlying building and site as the core real estate component.

Key Highlights

  • 58,075 square foot industrial building
  • 17 acre site in New Iberia, Louisiana
  • Sale leaseback involving Premiere Inc.

Property Analytics

Current Use

Premiere, Inc. Industrial Manufacturer Pinnacle Portable Toilets Building Supply

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Pharmacy Spa & Massage Center

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

224
Businesses Nearby
Balanced
Demand for This Use

Demographics for 70563, LA

19,145
Population
8,663
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
90%
High-School Grad
62.7 sq mi
ZIP Area
305
Density / Sq Mi
$73,555
Median Household Income
$47,011
Median Earnings
$975
Median Rent
$190,700
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
Rey
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Similar Off Market Nearby

  • AAA Self Storage 429 W St Peter St, New Iberia, LA 70560
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  • Acadiana Stor-N-Lock 1301 W St Peter St, New Iberia, LA 70560

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial facility paired with a 12-year absolute NNN lease to Premiere Inc. at closing.
Where is this warehouse located?
The property is located at 615 N Landry Dr New Iberia, LA.
What are key features of this property?
This property features: 58,075 square foot industrial building; 17 acre site in New Iberia, Louisiana; Sale leaseback involving Premiere Inc.
More about this property
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