Fully Leased Outparcel Pad in New Iberia
- • Tenants: Mattress Firm, Verizon, Zeus Mediterranean
- • South Lewis: over 23,000 VPD
- • Admiral Doyle Dr: over 21,000 VPD
- • Population over 74,000 people within a ten-mile radius.
Property Description
Faris Lee Investments and SRSA Commercial Real Estate, Inc. is pleased to offer for sale the fee simple interest (Land & Building) to a 100% leased, freestanding, 3-tenant NNN outparcel pad building in New Iberia, Louisiana. All three tenants signed brand-new long-term leases in 2023, with options to extend the term.The subject property is strategically located in New Iberia, Louisiana, with a population of over 27,000. The Shops are an outparcel to a regional shopping center with strong anchors: Hobby Lobby, Rouses Market, and Ross Dress for Less. Tenants within the immediate trade area include Walmart, TJ Maxx, PetSmart, and Five Below.Download Offering Memorandum.
Broker Details
SRSA Real Estate (504) 620-0352
Broker Details
SRSA Real Estate (504) 620-0354
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,175,000 |
| Average Occupancy: | 8.125 |
| Year Built: | 2023 |
| Lot Size: | 7,572.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
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