Fully Leased Outparcel Pad in New Iberia New Iberia, LA

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Property Details

Address

900 E Admiral Doyle Dr
New Iberia, LA 70560

Fully Leased Outparcel Pad in New Iberia

  • Transaction Type For Sale
  • Property Type Investment
  • Price $3,444,000
  • Cap Rate 7.50%
  • Est. Rentable SF 7,572 SF
  • Lot Size (AC) 11.67
  • Zoning C-4 Hwy Commercial
  • Parking 97 spaces
  • Year Built 2023

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.

• 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.

Location Map

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  • 900 E Admiral Doyle Dr_OM_SRSA

Team

Brokerage Team

Interested? Contact us at:

Address

2555 Severn Avenue, Suite 200

Metairie, LA 70002


Office: 504-831-2363

Email: info@srsa-realestate.com