2534 CUMMINS ROAD, Houma, LA 70363
$4,700,000
Property Type:
Comm Bldg Sale/Lease
Baths:
4
Square Footage:
61,925
Lot Size (sq. ft.):
239,580
Status:
Active
Current Price:
$4,700,000
List Date:
9/11/2026
Last Modified:
9/26/2026
Listing Details MLS# BY2026016748
Listing Info
- For Sale
- Yes
- Delayed Marketing
- No
- Listing Price
- 4700000
- List Price/SqFt
- 75.9
- Document Modified
- 2026-09-25 22:27:20.507670
- Modification Timestamp
- 2026-09-26T03:27:33Z
- Photo Modified
- 2026-09-11T21:20:22Z
Location Tax Legal Info
- Street Number
- 2534
- Street Name
- CUMMINS ROAD
- Parish
- Terrebonne
- State
- LA
- Zip Code
- 70363
- Tax Assessment Number
- 21716
General Property Description
- Acres
- 5.5
- SqFt - Office
- 9796
- SqFt - Warehouse
- 52129
- SqFt - Total
- 61925
- SqFt - Source
- Appraiser
- # Offices
- 14
- Total Baths
- 4
- # Cranes
- 15
- Mineral Rights
- Reserved
- Acreage Range
- 3 - 5.99
- SqFt - Retail
- 0
Originating Details
- Originating System ID
- ROAMP
- Originating System Key
- 2026016748
- Originating System Listing ID
- 2026016748
- Originating System Name
- ROAM Paragon
Location, Tax & Legal Info
- Legal Desc
- BUILDINGS ON PROPERTY LEASED FROM THE HOUMA-TERREBONNE AIRPORT COMMISSION ACCT. A03C-42167. LEASE NO. HA-1-05.
Location
- Industrial Park
- Yes
More Information
Sale/Lease Info
- Lease Purchase
- No
Remarks & Misc
- Remarks
- 2534 Cummins Road offers a corporate-guaranteed, credit-backed industrial income stream at an approximate 8.1% leasehold cap rate. The 61,925 SF crane-served facility is 100% occupied by Houma Armature Works, a Nidec Motor Corporation subsidiary, with lease obligations unconditionally guaranteed by Nidec, a globally traded manufacturer listed on the NYSE and Tokyo Stock Exchange. Base rent is $486,000 annually with contractual 8% escalations at each five-year renewal, delivering built-in yield growth across up to six future renewal options. Landlord exposure is capped by lease at $32,000 for property taxes and $55,000 for insurance, with the tenant responsible for all costs above those thresholds. Recent capital improvements, including full roof replacement across the complex within the last two to three years, further limit near-term landlord obligations. The property sits on a 5.55-acre leasehold under a ground lease with the Houma-Terrebonne Airport Commission, currently recorded through 2035 and extended twice, most recently in connection with the tenant's investment in a 50-ton crane and storage facility completed in 2024-2025, reflecting a long-term operating commitment to the site. Located within the Houma-Terrebonne Airport Industrial Park with direct access to U.S. Highway 90 and the Houston-to-Gulf energy corridor, the asset is well suited for 1031 exchange, net-lease, or institutional acquisition strategies.
Office/Member/Contract Info
- List AOR
- BBR
Property Type
- Industrial
- Yes
Price Includes
- Real Estate
- Yes
Parking
- Concrete
- Yes
- On Site
- Yes
- Parking Lot
- Yes
Road Frontage
- Public Street
- Yes
Construction
- Metal Siding
- Yes
Foundation
- Other
- Yes
Exterior
- OH Door 16 - 20 Ft
- Yes
- Partially Fenced
- Yes
Roof
- Metal
- Yes
Heating
- Central
- Yes
Cooling
- Central Air
- Yes
Gas
- On Property
- Yes
Electricity
- 3 Phase
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
- Private Banking
- Yes
Property Features
Property Type:
Industrial
Location:
Industrial Park
Road Frontage:
Public Street
Exterior:
OH Door 16 - 20 Ft; Partially Fenced
Heating:
Central
Cooling:
Central Air
Gas:
On Property
Electricity:
3 Phase
Construction:
Metal Siding
Roof:
Metal
Parking:
Concrete; On Site; Parking Lot
Foundation:
Other
Financing:
Cash; Conventional; Private Banking
Price Includes:
Real Estate
Documents
Offering Memorandum ›
IDX
Listing Office:
Canal & Main Realty
Last Updated: September - 26 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.