Fully Leased Outparcel Pad in New Iberia

900 East Admiral Doyle Drive, New Iberia, LA 70560

Property Information

  • 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.


Download Offering Memorandum.

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

Contacts

Location

Contact Fully Leased Outparcel Pad in New Iberia
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