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222 E Main St Executive Suites

222 E Main St, New Iberia, LA 70560

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Overview

Stabilized office investment offering strong in-place rental rates, 96% occupancy, and an attractive 10.80% cap rate. The property is supported by a diversified tenant mix and consistent leasing performance, providing investors with immediate, durable cash flow and limited downside risk. Well-positioned within its market, this asset presents a compelling opportunity for yield-focused buyers seeking stable income with long-term hold potential.

Completely renovated in 2017 and updated in 2026

Private off street parking on the corner of Weeks and Main Street.

NOI includes 6% vacancy rate

23 offices 21 leased NOI with 6% vacancy rate $75,122 10.80% cap rate

owner agent

Stabilized office investment offering strong in-place rental rates, 96% occupancy, and an attractive 10.80% cap rate. The property is supported by a diversified tenant mix and consistent leasing performance, providing investors with immediate, durable cash flow and limited downside risk. Well-positioned within its market, this asset presents a compelling opportunity for yield-focused buyers seeking stable income with long-term hold potential.

Completely renovated in 2017 and updated in 2026

Private off street parking on the corner of Weeks and Main Street.

NOI includes 6% vacancy rate

23 offices 21 leased NOI with 6% vacancy rate $75,122 10.80% cap rate

owner agent

For Sale

Office
Investment

Secondary Uses: Executive Suites, Coworking, Medical, Flex Space

Sale Price
$695,000
Price Per SF
$101.6/SF
Cap Rate
10.81%
Building Size
6,840 SF
Acres
0.383 ac
Zoning
C-2
Zoning Desc.
Central Business District
Gross Income
$108,576
NOI
$75,122
Total Expenses
$26,940
Agent Ownership Interest
Yes
Building Name
222 E Main Street Executive Suites
Floors
1
Parking Spaces
20
Tax ID Number
0501951000
Property Use Type
Investment
Property Status
Existing
Avg. Occupancy
96%
Ceiling Height
10'
Nearest Interstate
I-49
Power Provider
City - slemco
Parish
Iberia
Available
01/23/2026
Listed
01/23/2026
Updated
03/09/2026
Listing ID
015fdeed
Parcel APN
0501951000