First Solar Panel Distribution Hub -Iberia Parish, LA_Property for Sale
First Solar Panel Distribution Hub -Iberia Parish, LA_Property for Sale

First Solar Panel Distribution Hub -Iberia Parish, LA

2211 Grand Prairie Road, New Iberia, LA, 70560, US

Description

Jones Lang LaSalle (“JLL”), as exclusive advisor to Ambrose Property Group (the “Ambrose”), is pleased to offer qualified investors the opportunity to acquire First Solar Panel Distribution Hub (the “Offering” or the “Property”), a 554,024 square foot build-to-suit distribution facility located in New Iberia, Louisiana within the greater Lafayette MSA. The newly constructed Property is 100% leased to First Solar, Inc. (the “Tenant”), an American company and the largest manufacturer of solar panels and utility-scale photovoltaic (PV) power plants in the Western Hemisphere, known for its advanced thin-film semiconductor technology that benefited drastically given it’s commitment to domestic manufacturing.


The Offering is a stabilized, long-term single tenant deal leased to a heavily embedded tenant in a location that is critical to the business operations, providing investors security over the 14 years of remaining lease term. Additionally, it is a highly functional, Class A asset featuring a 40’ clear height, a fully-concrete truck court, 40 dock doors, 150’ truck court, motion sensored LEDs, and ESFR sprinklers. The cross-docked Property has top-of-the-line specifications ideal for the Tenant’s operations and is located less than two miles south from First Solar Inc.’s new, $1.1 billion solar panel manufacturing facility that opened in summer 2025.

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Attributes

Building area net
51,468 m²
Occupancy
100%
Year built
2025
Remaining lease term
14.3 years
Floor to ceiling height
12.19 m
Land area gross
31.16 ha

Media

Investment Highlights

  1. 554,024 square foot build-to-suit
  2. 14.3 years of secure cash flow from First Solar, Inc., a publicly-traded Fortune 500 company
  3. Annual 3% lease escalations ensure growth, boosting long-term investment value
  4. Mission-critical proximity: <2 miles from First Solar's new $1.1B plant
  5. Brand New Construction
First Solar Panel Distribution Hub -Iberia Parish, LA 4_Property for Sale
First Solar Panel Distribution Hub -Iberia Parish, LA 4_Property for Sale

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First Solar Panel Distribution Hub -Iberia Parish, LA (0 Properties)

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Last updated
2 Mar 2026