Lagniappe Village

Shopping Center for Sale
Sale Pending
Catylist Listing ID: 30180480
Property Subtypes: Fashion/Specialty
Status: Pending
Building Size (RSF): 201,360 SF
Gross Building Area: See Agent
Sale Price: $16,620,000
Unit Price: $82.54 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2018

Overview / Comments

Maestri-Murrell, Inc and EDGE Capital Markets are pleased to present the opportunity to acquire Lagniappe Village a 201,360 square foot power center in New Iberia, Louisiana located at the intersection of South Lewis Street and Admiral Doyle Drive. The center is 92% leased and is equipped
with quality national anchors including TJ Maxx, Big Lots, Citi Trends, PetSmart, Subway, H&R Block, and GNC. Two outparcels have just been ground leased to two national tenants, making this the strongest shopping center in this area. Contact Agent for a Confidentiality Agreement and Offering Memorandum.

Additional Details

Nearest MSA: Lafayette
County: Iberia

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,070 33,528 48,297
Median Age: 34.34 35.74 35.65
Households: 2,407 12,726 17,829


Photograph of Listing Agent

Jonathan Walker

Maestri-Murrell Inc Baton Rouge, LA 70809-2437
LACDB Member
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