2575 Calcasieu Industrial Dr 50,000 SF 100% Leased Office Building Sulphur, LA 70665 $26,313,093 CAD ($526.26 CAD/SF)

This newly constructed 50,000-square-foot Class A office building sits within Calcasieu Industrial Park, a 100-acre master-planned industrial park in Sulphur, Louisiana. Delivered in 2023 as a build-to-suit for CITGO Petroleum Corporation, the property offers prime visibility and immediate access to Interstate 10. Built for long-term corporate operations, the facility combines a modern office environment with industrial-grade infrastructure and direct service road access. The park hosts a strong mix of national and regional users and is surrounded by more than $30 billion in ongoing industrial investment, making it one of the Gulf South’s most active petrochemical corridors. The asset is secured by a 15-year Double Net (NN) lease with CITGO, featuring a 10-year full guarantee, 2% annual escalations, and a limited termination right after month 126. Landlord obligations are minimal, restricted to roof and major HVAC replacement, both under warranty—supporting stable, predictable income. With credit tenancy, modern construction, and long-term durability in a booming industrial market, this property offers a rare opportunity to acquire a premier office asset in a heavily invested petrochemical hub.