Property History
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https://themansourgroup.com/properties/310637/drilling-tools-international-nasdaq-dti
Long Term Absolute Net Lease Featuring 2.25% Annual Rental Increases throughout the Initial Term and Two, 5-Year Extension Options. Large Land Tract - the Property sits on approximately 10 Acres.
Located in Broussard along Smede Highway, the property sits within the Lafayette Parish oilfield services cluster supporting the Haynesville Shale and Gulf of Mexico offshore operations.
Drilling Tools International (NASDAQ: DTI) is a Leading Publicly Traded Energy Services Company providing Downhole Drilling Tool Rentals, Manufacturing, and Inspection Services.
Port of Iberia Access - Just minutes from the property, the 2,000-Acre Port of Iberia provides Barge and Ship Access to the Gulf of Mexico via the Gulf Intracoastal Waterway, supporting Heavy Industry and Global Logistics.
Strategic Gulf Coast Location - Situated between Houston and New Orleans, Broussard offers direct access to Major Markets via U.S. Hwy-90 (Future I-49), enhancing Regional and National Distribution Capabilities.
Proximity to Major Energy and Industrial Operators - Nearby Operators And Demand Drivers Include Halliburton, Schlumberger, Baker Hughes, NOV, And Multiple Gulf Coast Offshore And Onshore Drilling Contractors.
Lafayette Parish maintains a skilled blue-collar workforce deeply rooted in energy, manufacturing, and industrial services, supporting durable occupancy across warehouse, yard, and service-oriented industrial assets.
In Close Proximity to Acadiana Regional Airport - features an 8,000-foot Runway Capable of Supporting Corporate and Cargo Aircraft, enabling fast Executive Travel and Air Freight Handling. Future Interstate Expansion - U.S. 90 is being Upgraded to Interstate 49, significantly Improving Freight Routes and Boosting Property Values Through Long-term Infrastructure Investments.
Loan History
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