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Hancock Whitney Bank - STNL 329 W Pont Des Mouton Rd
2,832 SF Retail Building Lafayette, LA 70507 $3,023,402 ($1,068/SF) 6.10% Cap Rate
Investment Highlights
- NNN lease with minimal landlord responsibilities
- Excellent location with great visibility in a growing area within the city of Lafayette, LA
- Great investment opportunity for investor looking stable investment property for their portfolio
- Surrounded by industry, retail, single and multi-family rooftops
Executive Summary
Situated west of I-49, Hancock Whitney Bank enjoys excellent visibility, attracting over 11,800 vehicles daily. It is located in front of the Reserve at Couret Farms, a 125-acre Traditional Neighborhood Development. Other national retailers in the vicinity include Target, Academy Sports + Outdoors, Ross Dress for Less, and more. With a population of over 75,000 residents and 50,000 employees in the trade area, this property promises a strong customer base. Don't miss out on this exceptional investment opportunity.
Property Facts
Amenities
- Drive Thru
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Retailer
- 1,829 SF
- -
- Triple Net
- Dec 2033
In the late 1800s, the Gulf Coast and two new banks were booming. South Mississippians looked to Hancock Bank to help manage prosperity created by agriculture, seafood, timber and tourism. Sixty miles to the west, New Orleans and Whitney Bank thrived in the wake of the World Cotton Expo. For more than 100 years, Hancock and Whitney grew with and because of the people and places of the Gulf South. As the banks expanded into new towns and cities, they quickly became trusted, reliable business and community partners. Many smaller regional banks became part of Hancock and Whitney over the years. Hancock and Whitney came together in 2011; but that merger simply brought historical and community connections between the two banks full-circle—the consummation of a relationship which started 100 years earlier. The two banks were neighbors, sharing similar history, geography and values. Early Hancock and Whitney leaders were business and social contemporaries.
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
Retailer | 1,829 SF | - | Triple Net | Dec 2033 |
PROPERTY TAXES
Parcel Number | 6150065 | Improvements Assessment | $59,163 |
Land Assessment | $12,980 | Total Assessment | $72,143 |
PROPERTY TAXES
Presented by
Hancock Whitney Bank - STNL | 329 W Pont Des Mouton Rd
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