- For Sale $3,175,000
- Property Type Retail
- Year Built 2023
- Date Updated Aug 10, 2026
Description
Faris Lee Investments and SRSA Commercial Real Estate, Inc. 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.
The subject property is strategically located in New Iberia, Louisiana, with a population of over 27,000. The Shops are an outparcel to a regional shopping center with strong anchors: Hobby Lobby, Rouses Market, and Ross Dress for Less. Tenants within the immediate trade area include Walmart, TJ Maxx, PetSmart, and Five Below.
Highlights
- Admiral Doyle Dr: over 21,000 VPD
- Population over 74,000 people within a ten-mile radius.
- South Lewis: over 23,000 VPD
- Tenants: Mattress Firm, Verizon, Zeus Mediterranean
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Contacts
SRSA Commercial Real Estate
SRSA Commercial Real Estate