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Schriever, LA - 179-249 Weatherford Drive

179 Weatherford Drive - Schriever, LA

Description

This is a relatively new Class A warehouse facility located outside of a flood zone area of south Louisiana.  It is located just north of Houma and south of Thibodaux on Highway 311, which runs north/south and just north of Highway 90, which runs east/west.  This area (Houma, Schriever, Gray and Thibodaux) is includes many companies in the oil and gas industry and is located just south of Highway 90 which is the future location for I-49.  It is strategically located 40 miles to the west of New Orleans and approximately 25 miles to the east of Morgan City.

 Total Building Size 310,520 SF Total Building Sizes
 179 Weatherford Building Size: Manufacturing (climate controlled) - 200,000 SF
Lower Bay Distrbution (climate controlled) - 28,105 SF
Office Building - 26,250 SF
Day Care Center or Office & Open Sided Warehouse - 13,878 SF
Total - 264,505 SF
249 Weatherford Building Size:

Shop - 36,400 SF
Office - 5,887 SF
Total - 42,287 SF

 Land Area: 179 Weatherford Dr. - 31.83 Acres
249 Weatherford Dr. - 
Total Land Area - 
Clear Height:    26' All manufacturing and warehouse areas
Number of Buildings: 5
Construction: Butler Buildings  with 2 inch insulated BMC metal wall panels and CMR-24 insulated standing seam roof.
Number of Stories: 1
Dock OH & Drive-In Doors:   (2) dock high doors with levelers and seals
Overhead Cranes:

 Main Building - (1) - 1 Ton, (3) 2 Ton, (5) 3 Ton, (2) 5 Ton
 Lower Bay Distribution Building - (1) 10 Ton, (1) 3 Ton

Sprinkled:  Yes
Climate Control: All buildings are climate controlled
Other Important Features:  Open Crane Area
 Open Sided High Bay on Main Building
Fenced Contolled Access:  Yes
Driveway, Parking & Staging Yard:  Concrete driveway, parking 
Zoning:  Industrial
Short Term Leaseback: This property is offered subject to a short term leaseback. See Offering Memorandum & Bidder's Information Packet for details

Why Buy This Property

  • LOCATION - The property is located in south central Louisiana in the preferred area along Hwy. 90 (future I-49).  It is on a generous land site that is well located and in a cluster of other high-end oil and gas industry companies.
  • QUALITY PROPERTY - This is a state-of-the-art Class A manufacturing, warehouse facility
  • MULTIPLE BUILDINGS - The multiple buildings on the site provide great flexibility for the next owner to use all or part of the property for its own use while allowing other portions to be sold or leased to others in the future.
  • CLIMATE CONTROLLED - The main warehouse building is almost entirely climate controlled with two high-bay extensions on the north, which is a very unusual amenity in this market.
  • DAY CARE CENTER - One of the buildings was designed to part day care center and part open pavillion.
  • ADAPTABLE FOR A WIDE VARIETY OF FUTURE USES - This property offers more choices than most.  It can continue as a manufacturing facility or for conversion to a distribution warehouse.

Property Location

Auction / Date / Time

Sealed Bid Auction
February 21, 2019 2:00 P.M. CST

Property Video

Offering Strategy

BID YOUR PRICE! - This property will be sold subject to the Terms of Sale. This is a sealed bid auction event. Bidders are encouraged to ask questions in advance. The purchase of a Bidder's Information Packet and a cashier's check or wire-tranferred funds to the Title Company listed in the Purchase and Sale Contract advance of bidding. See Bidder's Information Packet for more details.  

Inspection Dates

The property is available for inspection at 2:00 PM on November 27, December 11, January 15, 22
PLEASE MEET AT THE OFFICE AT THE OFFICE AT THE PROPERTY IN ORDER TO REGISTER AND BEGIN YOUR INSPECTION.

Please call 312.278.0600 Extension 101 at least 24 hours in advance so that we know to expect you. Personal Protective Equipment (PPE) is required including hard hat, safety glasses, steel toe shoes, safety vest for all property inspection attendees.  Registration and government issued identification required at each property viewing.  When you park at any Weatherford facility you are required to back your car into the parking space.   Thank you.

Auction Location

Sealed Bid Auction- Bids are to be delivered to Michael A. Fine, CCIM c/o Fine & Company LLC, 747 Lake Cook Road, Suite 100W, Deerfield, IL 60015 for due on or before 2:00 p.m. EST on February 21st. For bidding requirements see the Terms of Sale and the Purchase and Sale Contract included in the Bidder's Information Packet.

Details

Certified Funds To Bid : $150,000

Buyer's Premium (Buyer's Fee) : 4% of the high bid price

In Cooperation With : Richard E. Juge, CCIM, SIOR - RE/MMAX Commercial Brokers, Inc - Metairie, LA & CBRE

ON-LINE BIDDING INFORMATION & REGISRATION

Click on the button below to register and access the online bidding portal or download the Fine & Company Online Bidding App. available for IPhone, IPad, IPod touch and Android Devices.

The registration process is a two step process. First you will be prompted to create an account. This allows access into the online portal. Once you click on an auction you will able to either view the auction or register to bid.  If you are registering to bid, there are other registration requirements including placing an auction deposit with the escrow agent. Once all requirements of registration are met, we will issue you a bidder number in order to bid.

ONLINE BIDDING REGISTRATION

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Order Bidder's Information Packet

A Bidder's Information Packet is required to bid. The packet includes: auction and property information, environmental report, survey, lease, if any, title report, real estate tax bill, local information, auction purchase and sale agreement, bidding requirements, and terms of sale.

Bidder's Information Packets are available in PDF format for $60.00. To order your Packet click on the link below and download the Bidder's Information Packet Order Form.  Once filled out, please email it to us at info@fineandcompany.com or fax it to 312.268.1110

 



Bid-Packet-Order-Form---Weatherford-Rev-v-2

Contact Us

  Fine And Company LLC
  Michael A.Fine, CCIM, CAI, AARE
  Illinois, United States
  312-278-0600
  michael@fineandcompany.com

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Additional Information

Weatherford-Auction-Catalog

Other Information

Broker Participation : Buyer's Agent participation is invited!
A 1% referral fee will be paid to the REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale. Seller has provided a variable commission rate.

Licensing : RE/MMAX Commercial Brokers, Inc., each office independently owned and operated, 3331 Severn Ave., Suite 200, Metairie, LA, 504-838-0001, Licensed in Louisiana #31432, Renee J. Jones - Licensed Louisiana Auctioneer

Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement contained in the Bidder's Information Packet. 

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.

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