Bayou Landing on the Teche Outparcel, Build to Suit or Ground Lease

Vacant Land for Lease
Also listed as Office
Catylist Listing ID: 30826636
Property Subtypes: Office, Retail-Pad, Other
Gross Land Area: 0.74 Acres
Lease Rate: $45,000 (Annual)
$1.40 PSF (Annual)
Base Monthly Rent: $3,750
Lease Types: Ground Lease, NNN, Absolute NNN
In Opportunity Zone? Yes
Last Updated: 1/25/2023

Overview / Comments

Summary:

This offering consists of a 0.74 +/- acre outparcel, offered as a ground lease or build-to-suit opportunity. This site is ideal for a restaurant with drive-thru or a medical office, and is located in the Bayou Landing shopping center in New Iberia LA. The subject property is located near the intersection of N lewis Ave, and Parkview Drive, fronting N lewis Ave, with traffic counts of 22,912 +/- VPD.

Highlights:

-0.74 Acre outparcel offered as a ground lease or build to suit.

-Ideal for restaurant with drive thru or medical office, this site can accomodate 3,200-4,000 +/- SF of building area and the necessary parking.

-Good frontage and visibility on N Lewis Ave.

-Join CVS, Walgreens, Walmart, The Grand Theatre, Tokyo Steakhouse, Teche Bank,Burger King, and El Mariachi at this key intersection on the Bayou Teche.

Attachments & Media

Additional Details

Nearest MSA: Lafayette
County: Iberia
Taxing Authority: Iberia
Tax ID/APN: 0504879500
Property Visibility: Excellent
Largest Nearby Street: N lewis Ave
Traffic/Vehicle Count: 22,912
Lot Frontage: 155'
Lot Depth: 197'

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,562 38,215 43,260
Median Age: 36.76 36.42 36.06
Households: 3,522 14,526 16,222
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.