NEW CONSTRUCTION NET-LEASED INDUSTRIAL ASSET
15,000 SqFt
Marketing description
Lee & Associates Louisiana is pleased to present the opportunity to acquire a newly constructed ±15,000 SF single-tenant industrial facility on ±2.08 acres, leased to Ferguson Enterprises, a publicly traded distributor serving essential industrial and construction sectors.
Completed in October 2025, the property features all-new building systems and a highly functional layout designed to support regional service and distribution operations. The site is further enhanced by a ±50,000 square foot paved and fenced yard, providing critical operational flexibility and long-term utility.
The asset is secured by a 10-year triple net (NNN) lease with annual rent increases and four (4) five-year renewal options, offering investors stable, growing income with minimal ownership responsibilities.
Positioned in Luling, Louisiana, strategically located between the New Orleans and Baton Rouge markets, the property benefits from access to one of the most active industrial and logistics corridors in the Gulf Coast region.
This investment is well-suited for buyers seeking predictable income, low management intensity, and long-term real estate fundamentals supported by essential-use tenancy.
Investment highlights
- New Construction (2025) with No Near-Term Capital Requirements
- 10-Year Lease with Annual Rent Escalations and Renewal Options
- National Tenant: Ferguson Enterprises (NYSE: FERG)
- ±15,000 SF Building on ±2.08 Acres
- ±50,000 SF Paved and Fenced Yard
- NNN Lease Providing Passive, Management-Light Ownership
- Year 1 NOI: $270,000 | 5.89% Cap Rate | 6.49% Effective Cap
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