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
1/36
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

100,000 square feet of a 228,569-square-foot former Walmart Super Center available for purchase or lease. Subdivided and demised. New firewall separation and platting complete. Property: • Rapidly growing e-commerce business, Completeful, currently occupies 128,000 sqft • 8 acres of the 26-acre site is included in the sale. Additional acreage is available. • 350 to 700 feet of frontage available. • Heated and cooled. HVAC systems are working. • 333-foot building depth. • 14-foot ceiling height with drop ceiling, 19 feet without. • Three loading docks, one truck bay, and eight additional garage doors. • Garden Center with fencing and shade has been relocated. • Heavy-rated concrete floor in the loading dock area. • Office and storage space along parameters. See the layout drawing. • Property drawings and construction specifications can be delivered upon request. • Electrical is currently being upgraded to a 1200-amp service. This includes gas service and fiber optic service. • Sprinkler system in place. • Roof in good condition. • Durable Concrete and steel construction. In good condition. • Not in Flood Zone. • Environmental Report Completed: good. • NNNs are comparatively low. Location: • 65,000 cars per day. Located at Interstates I-49 and I-10. • Lighted intersection at the entrance. Four total entrances. • Union Pacific Railway at the south edge of the property. • Minutes from LFT Regional Airport. Under certain terms, there is a possibility of acquiring the entire 228,000 square feet and a 26-acre site. Request for more info.

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

Derek MooreStirling Properties, Inc.More Info
337-341-8379

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Derek MooreStirling Properties, Inc.More Info
337-341-8379

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