Fully Leased Outparcel Pad in New Iberia
900 E Admiral Doyle Dr, New Iberia, LA 70560
Overview
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.
South Lewis provides over 23,000 vehicles per day, Admiral Doyle Drive provides over 21,000 vehicles per day and more than 74,000 people live within a ten-mile radius.
For Sale
Secondary Uses: Strip Center
- Sale Price
- $3,175,000
- Price Per SF
- $419.31/SF
- Building Size
- 7,572 SF
- Lot Size
- 11.67 ac
- Business Park
- 900 E Admiral Doyle Dr
- # of Buildings
- 1
- Floors
- 1
- Year Built
- 2023
- Construction Siding
- Concrete
- Construction Type
- Framed
- Parking Spaces
- 97
- Rentable SF
- 7,572
- Property Status
- Existing
- Parish
- Iberia
- Listed
- 11/10/2023
- Updated
- 07/14/2026
- Listing ID
- 1e578100
- Parcel APN
- 0503908972