1229 NW Evangeline Trwy - Distribution FOR SALE


Lafayette, LA 70501- Central Lafayette Parish
$5,500,000 USD
337-341-8379
1229 NW Evangeline Trwy, Lafayette, LA for Sale
$5,500,000 USD
Distribution - FOR SALE
1/32
null | Request Cap Rate

1229 NW Evangeline Trwy
Lafayette, LA 70501
Central Lafayette Parish


HIGHLIGHTS

  • Up to 100,000 SF of flexible, fully customizable space ideal for a wide range of retail, industrial, and flex uses.
  • The parking lot offers a ground lease or a build-to-suit opportunity ready for approximately 60,000 SF of development with flexible zoning.
  • Perfectly positioned less than a mile north of downtown on a main arterial with over 800 feet of frontage and visibility to 56,651 daily drivers.
  • Easily accessible with four points of ingress/egress and a strategic location less than two miles from I-10 at a signalized intersection.

OVERVIEW

A rapidly growing e-commerce business, Completeful, currently occupies this 128,000-square-foot facility, with an opportunity to acquire up to 228,000 square feet on a 26-acre site. The sale includes 8 acres, with additional acreage available if needed. The property offers 350 to 700 feet of frontage, a 333-foot building depth, and ceiling heights of 14 feet with a drop ceiling or 19 feet without. It is fully heated and cooled, with a working HVAC system, a heavy-rated concrete floor in the loading dock area, and durable concrete and steel construction in good condition. The facility features three loading docks, one truck bay, eight additional garage doors, office and storage space along the perimeter, and a sprinkler system. The electrical system is being upgraded to 1200-amp service, including gas and fiber optic service. Located at the intersection of I-49 and I-10, the site sees 65,000 cars per day and benefits from a lighted intersection, four entrances, and proximity to Union Pacific Railway and LFT Regional Airport. With a completed environmental report confirming a good standing and low NNN costs, this property is not in a flood zone and is built to withstand hurricanes. Property drawings, construction specifications, and additional details are available upon request.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Manufacturing, Refrigeration/Cold Storage, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

UTILITIES

-

CLEAR CEILING HT

19 Ft

DOCKS

8

DRIVE INS

-

PARKING SPACES

850

LAND DETAILS

LAND ACRES

8

LAND SF

348,480

ZONING

CH - Commercial Heavy

APN/PARCEL ID

6082760,6106590

ASK ABOUT THIS PROPERTY

Charles CornayStirling Properties, Inc.More Info
337-341-8379

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Charles CornayStirling Properties, Inc.More Info
337-341-8379

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.