Contacts
SRSA Commercial Real Estate
SRSA Commercial Real Estate
Property Details
- Property Type Retail
- Property Size 7,572 SF
- Additional Rent Contact for pricing
- Year Built 2023
- Date Updated Nov 15, 2024
Faris Lee Investments 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. Additionally, Mattress Firm’s lease includes rental increases throughout the term which aids hedging against inflation while increasing the return on investment. All 3 leases are NNN, making the tenants responsible for their pro rata share of expenses (taxes, insurance, and CAM) associated with the property, and providing the landlord with minimal responsibilities.
The subject property is strategically located in New Iberia, Louisiana, with a population of over 27,000.
Reach out to the broker for more info on lease terms and amenities
Getting around
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41/100
Walk Score ®
-
45/100
Bike Score ®
Location
- City New Iberia, LA
- Zip Code 70560
- Market New Orleans
Points of Interest
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Murphy USA
0.46 miles
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Valero
0.53 miles
-
Mobil
1.05 miles
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Chevron
1.23 miles
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Pop-n-Fuel
1.27 miles
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Texaco
1.27 miles
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Exxon
1.29 miles
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RaceWay
1.79 miles
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Lagniappe Village
0.23 miles
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Bayou Landing
1.71 miles
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Gatti's Pizza
0.08 miles
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Subway
0.15 miles
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Taco Bell
0.16 miles
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Checkers
0.19 miles
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Río Bravo
0.23 miles
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El Mexicano
0.23 miles
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Little Caesars
0.27 miles
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Pizza Hut
0.28 miles
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Wendy's
0.30 miles
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Sonic
0.33 miles
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TJ Maxx
0.30 miles
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Super 1 Foods
0.37 miles
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Walmart Supercenter
0.53 miles
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Fremin's
1.69 miles
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BI-LO
1.90 miles
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Walmart Neighborhood Market
1.93 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.