Legacy Shopping Center

Shopping Center for Sale
Catylist Listing ID: 30837049
Property Subtypes: Strip Center
Building Size (RSF): 4,500 SF
Sale Price: $905,900
Unit Price: $201.31 PSF
Ceiling: 12 ft.
Property Use Type: Net Leased Investment (NNN), Business
Building Name: Legacy Shopping Center
Usable Size (USF): 4,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/17/2023

Overview / Comments

Fully occupied shopping center in prime location. Shopping center was built in 2018, with digital marquee sign and ample parking located on .75 acres of land. Space available in rear of property to accommodate an additional parking lot.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $6,117 (Annual)
Tax Value Land $181,090
Net Operating Income $68,280 (Annual)
Gross Operating Income $78,000 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: O
Taxing Authority: Lafayette
Tax ID/APN: 6160780
Zoning: COMMERCIAL
Retail Clientele: General, Business, Other
Property Visibility: Excellent
Largest Nearby Street: Youngsville Hwy.
Highway Access: Youngsville Hwy. Hwy. 90 - 1.5 miles
Airports: Lafayette Regional Airport
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,500 SF
Property Condition: Excellent
Year Built: 2018
Roof Type: Flat
Construction/Siding: Brick/Aluminum Siding, Stucco
Exterior Description: Brick & Stucco fronts with Brick columns dividing the suites, full glass front on each storefront
Parking Type: Surface
Total Parking Spaces: 25
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, DSL, Fiber Optic
Interior Description: Sealed concrete stained floors with ability to customize units to tenants specification.
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Owned
Legal Description: LOT 2 MEDICAL PARK CENTER PH 3 (31,497.61 SQ FT) (0.72 AC)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,467 36,857 117,172
Median Age: 35.83 35.76 34.53
Households: 2,527 15,095 47,745

Contact

Photograph of Listing Agent

Helen Thibeaux

Keller Williams Realty Acadiana Lafayette, LA 70508
LACDB Member
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