Wellbore Integrity Solutions | Industrial Absolute Net Investment Opportunity | 7.50% Cap Rate

CBRE is pleased to exclusively offer for sale the 165,135-square-foot Wellbore Integrity Solutions (“WIS”) industrial facility situated on 54.27 acres in New Iberia, LA. This asset provides several “mission-critical” components that are essential to WIS’s manufacturing operations including access to specific-use equipment, outdoor storage space and strategic geographical positioning, which illustrates the company’s long–term desire to remain in the location. WIS’ brand-new, absolute net lease features ±19.1 years of term remaining with 2.75% annual increases and two, 10-year extension options.

Please contact Broker for more details.

Bryce French 504 427 2090 bryce.french@cbre.com