REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Richard Spears Jr

richard@primeproperties225.com +1(225) 575-7189

$ 3,100,000

Est. payment | -/mo

5 Baths

28,091 SqFt

Save

$ 3,100,000

Est. payment | -/mo

Save

5 Baths

28,091 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 28,091 sqft

Price per Sqft $110

Subdivision Sugar Pointe Industrial Park

MLS Listing ID 2026016296

Lot Size 2.200 Acres

Property Sub-Type Commercial

Property Description

This two-building industrial investment located within Sugar Pointe Industrial Park in Houma, Louisiana. The offering consists of approximately 28,091 square feet of gross building area situated on approximately 2.2 acres. The properties support the established Houma-area operations of Expro, a publicly traded global energy-services company (NYSE: XPRO), and are leased to Frank's International, LLC, an Expro company. Expro and its predecessor operations have maintained a presence at this location since 2008, providing approximately 18 years of operating history at the property. The tenant initially occupied 130 Equity Boulevard before subsequently expanding its operations into neighboring 124 Equity Boulevard. Throughout its tenure, the operation has completed multiple lease renewals and invested in specialized infrastructure supporting its equipment service, storage and offshore-support activities. Tenant-installed improvements include two 10-ton overhead cranes, two ½-ton jib cranes, compressed-air equipment and other specialized operational infrastructure. Importantly, 100% of the enclosed shop/warehouse areas in both buildings are HVAC-conditioned, providing a highly functional climate-controlled environment for equipment servicing, storage and industrial operations. The most recent lease amendment extends the lease term through April 30, 2030, with contractual base rent increasing approximately 3% annually through expiration. Ownership is responsible for property insurance. The lease places substantial property-level operating obligations on the tenant, including real estate taxes, maintenance and repairs, and liability and fire insurance, providing ownership with limited ongoing landlord expense exposure. The offering includes two complementary industrial facilities totaling approximately 28,091 SF GBA, with 100% HVAC-conditioned enclosed shop/warehouse space.

Location

State LA

County Terrebonne

Direction From Highway 311 turn onto Equity, building on on the left

Interior

Heating Central

Cooling Central Air

Flooring Ceramic Tile, Concrete

Exterior

Exterior Feature Stabilized Yard Base

Garage Spaces 16.0

Fence Full

Utilities Available Natural Gas Connected

Roof Type Metal

Private Pool false

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Individual Meter Water, Public

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition As Is

Listed by KELLER WILLIAMS REALTY BAYOU P

GET MORE INFORMATION

Richard Spears Jr

Broker / Owner License ID: 995719165

+1(225) 575-7189 | richard@primeproperties225.com

130 Equity Boulevard Houma, LA 70360

Richard Spears Jr

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

130 Equity Boulevard