Active
Sale
Retail
Investment
Strip Center

Fully Leased Outparcel Pad in New Iberia

900 E Admiral Doyle Dr, New Iberia, LA 70560

For Sale

$3,175,000

$419.31/SF

Building Size
7,572 SF
Lot Size
1.15 ac
Parish
Iberia
Days on Market
1052
Listed
10/31/2023
Updated
08/12/2026
Fully Leased Outparcel Pad in New Iberia
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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.

Additional Information

City
New Iberia
State
LA
Zip Code
70560
Secondary Uses
Strip Center
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
Parcel APN
0503908972
Listing ID
1e578100

Parcel & Location