# 2534 CUMMINS ROAD, Houma, LA 70363 > **TL;DR:** commercial, $4,700,000 ($76/sqft), built 2005, 61,925 sqft. > A/C. Est. $25,137/mo. Listed 51 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $4,700,000 | | Price/sqft | $76 | | Square Feet | 61,925 | | Year Built | 2005 | | Lot Size | 239,580 sqft (5.50 acres) | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 51 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $23,766 | | Estimated Insurance | $1,371 | | **Total** | **$25,137** | ## Key Amenities - A/C ## Property Highlights - Built in 2005 - 5.50 acre lot ## Description ### Agent Description 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. ## Location - **Address:** 2534 CUMMINS ROAD, Houma, LA 70363 - **County:** Terrebonne - **Coordinates:** 29.570809, -90.678225 - **Google Maps:** https://www.google.com/maps?q=29.570809,-90.678225 ## Listing Agent - **Name:** Amber Landry · **License:** 995713170 - **Brokerage:** Canal & Main Realty - **Broker Phone:** (985) 859-1229 ## Photos ![2534 CUMMINS ROAD - Photo 1](http://lh.rdcpix.com/fecfbc5aec994fe0eb5b4f9ca1bca005l-f2419640119r.jpg) ![2534 CUMMINS ROAD - Photo 2](http://lh.rdcpix.com/fecfbc5aec994fe0eb5b4f9ca1bca005l-f2623430957r.jpg) ![2534 CUMMINS ROAD - Photo 3](http://lh.rdcpix.com/fecfbc5aec994fe0eb5b4f9ca1bca005l-f902078273r.jpg) ![2534 CUMMINS ROAD - Photo 4](http://lh.rdcpix.com/fecfbc5aec994fe0eb5b4f9ca1bca005l-f891266780r.jpg) ![2534 CUMMINS ROAD - Photo 5](http://lh.rdcpix.com/fecfbc5aec994fe0eb5b4f9ca1bca005l-f1033407199r.jpg) ![2534 CUMMINS ROAD - Photo 6](http://lh.rdcpix.com/fecfbc5aec994fe0eb5b4f9ca1bca005l-f3848481925r.jpg) ![2534 CUMMINS ROAD - Photo 7](http://lh.rdcpix.com/fecfbc5aec994fe0eb5b4f9ca1bca005l-f839906727r.jpg) --- **MLS#:** 2026016748 | **Updated:** 2026-10-23 **Source:** listhub *Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/2534-cummins-road-houma-la-70363-b6771aeb7eb74d7ead023578c6249e30) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/2534-cummins-road-houma-la-70363-b6771aeb7eb74d7ead023578c6249e30#listing", "url": "https://staging.propertysimple.ai/listing/2534-cummins-road-houma-la-70363-b6771aeb7eb74d7ead023578c6249e30", "name": "2534 CUMMINS ROAD, Houma, LA 70363", "description": "2534 Cummins Road offers a corporate-guaranteed, credit-backed industrial income stream at an approximate 8.1% leasehold cap rate. 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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. 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