Listed by Redd Properties LLC, Colliers - Birmingham, Alabama
$5,145,000
4809 East Napoleon Street
Details
Property Type Industrial
Square Footage 28,597
Cap Rate 7.20%
NOI $370,424
Tenancy Single
Lease Type NNN
Lease Expiration 11/30/2034
Remaining Term 8.4
Rent Bumps Yes
Buildings 3
Acreage 2.550
Investment Type Net Lease
Lease Commencement 12/01/2024
Ground Lease No
STNL | Credit Tenant Industrial Campus | 7.20% CAP
Investment highlights
- LONG-TERM NNN LEASE TO INDUSTRY LEADER: The Property is fully leased to Acuren Inspection, Inc., an operating entity of TIC Solutions, Inc. (NYSE: TIC), a leading provider of testing, inspection, certification, engineering, and asset integrity services. Following its merger with NV5, the combined company employs approximately 11,000 professionals across more than 230 locations throughout North America, providing mission-critical services to the energy, petrochemical, pipeline, power generation, manufacturing, aerospace, and infrastructure sectors.
- MISSION-CRITICAL INDUSTRIAL FACILITY: The Property is utilized by Acuren Inspection, Inc. to support inspection and industrial services operations throughout Southwest Louisiana. Its proximity to the region's refining, petrochemical, and LNG facilities positions the Property within Southwest Louisiana's industrial corridor.
- PROXIMITY TO THE PORT OF LAKE CHARLES: Located just minutes from the Port of Lake Charles, the nation's 10th-busiest port district, the Property benefits from convenient access to a critical transportation gateway for the Gulf Coast energy corridor. The port serves major LNG export terminals, petrochemical facilities, refineries, manufacturers, and other industrial users throughout Southwest Louisiana.
- FUNCTIONAL INDUSTRIAL CAMPUS: Situated on ± 2.55 acres, the Property consists of three industrial buildings totaling ± 28,597 SF. Improvements include ± 1.31 acres of stabilized yard, four grade-level roll-up doors, 480-volt three-phase power, and a flexible layout suitable for a variety of industrial operations.
- REGIONAL INDUSTRIAL EXPANSION: Southwest Louisiana continues to benefit from significant industrial investment, including Woodside Energy's $17.5 billion Louisiana LNG project in Calcasieu Parish and Commonwealth LNG's $13 billion export facility in neighboring Cameron Parish. Together, these projects represent more than $30 billion in announced capital investment since 2024.
- STRATEGIC GULF COAST LOCATION: Located along the Interstate 10 corridor between Houston and New Orleans, the Property provides convenient access to two of the Gulf Coast's largest industrial markets. Southwest Louisiana is home to one of North America's largest concentrations of LNG, petrochemical, refining, and manufacturing facilities.
Listing Contacts
Listed by Redd Properties LLC, Colliers - Birmingham, Alabama
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$370,424.00
$30,868.67/mo
Valuation Metrics
0
DSCR
7.2%
Cap Rate
7.2%
ROI
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