1120 E Admiral Doyle Dr
New Iberia, LA 70560
Arby's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long term ground lease with 16 years remaining
- Drive-thru
- The lease is guaranteed by a corporate Captain D’s LLC and sub-guaranteed by Turbo Restaurants US, LLC
- Rental escalations every five years in the primary term
- The subtenant (Turbo Restaurants US, LLC) is a 60+ unit operator
- • Located near the hard corner of a signalized intersection of Lewis Avenue (11,781 VPD) and Admiral Doyle Drive (22,912 VPD)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,994 SF
Building Class
B
Year Built/Renovated
2018/2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.63 AC
Zoning
Commercial
Parking
22 Spaces (11.03 Spaces per 1,000 SF Leased)
Frontage
185’ on East Admiral Doyle Drive
PROPERTY TAXES
| Parcel Number | 0501934608A | Improvements Assessment | $52,250 |
| Land Assessment | $0 | Total Assessment | $52,250 |
