1103 E Admiral Doyle Dr - Freestanding FOR SALE


New Iberia, LA 70560
$1,820,000 USD
1103 E Admiral Doyle Dr, New Iberia, LA for Sale
$1,820,000 USD
Freestanding - FOR SALE
1/2
null | 7.1% Cap Rate

1103 E Admiral Doyle Dr
New Iberia, LA 70560


OVERVIEW

» Positioned within the Lafayette MSA – Ranked #133 in the United States for population size » 100% occupied » Starbucks is investment grade – S&P: BBB+ » Long term occupancy – Both tenants have been here since 2007 & 2008 » Walmart outparcel » Located along East Admiral Doyle Drive (13,600 VPD) » Neighboring retailers include ALDI, T.J. Maxx, Hobby Lobby, Chick-?l-A, Harbor Freight, Whataburger, PetSmart, & several others » Proximity to New Iberia High School (1,400 students) and Catholic High School (830 students) » Over 45,000 people live within a ?ve-mile radius

FOR SALE DETAILS

PRICE

$1,820,000 USD

PRICE/SF

$554 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ace Cash Express & Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

-

APN/PARCEL ID

0500081000

ASK ABOUT THIS PROPERTY

Randy BlanksteinThe Boulder GroupMore Info

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Randy BlanksteinThe Boulder GroupMore Info

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