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TODD'S CAR WASH 5505 Johnston St

9,745 SF 100% Leased Retail Building Lafayette, LA 70503 $2,512,000 ($258/SF)

Investment Highlights

  • DENSE RETAIL CORRIDOR: This is a unique chance to acquire not only the business but also the building and the underlying real estate.
  • SERVICE SCARCITY: The only Full-Service car wash in Lafayette, providing protection against local express wash competition.
  • ESTABLISHED BUSINESS: Operating since 1989 with a proven track record and customer base.
  • GROWING MARKET: Projected 5.75% population & household growth in a 1 & 3 mile radius over the next 5 years.

Executive Summary

Broker of Record
Donnie Jarreau
License No. BROK.995704351-CORP (LA)
(866) 889-0550
Jarreau Real Estate
16173 Perkins Road Baton Rouge,
LA 70810

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
9,745 SF
Year Built
1995
Price
$2,512,000
Price Per SF
$258
Percent Leased
100%
Building Height
1 Story
Building FAR
0.18
Lot Size
1.21 AC

Nearby Major Retailers

Starbucks
Applebee's
New Orleans Original Daiquiris
Planet Fitness
Texas Roadhouse
Regions Bank
Checkers
Hooters
Hancock Whitney Bank
Twin Peaks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6010737
Land Assessment
$52,895
Improvements Assessment
$73,273
Total Assessment
$126,168
  • Listing ID: 33764182

  • Date on Market: 11/5/2024

  • Last Updated:

  • Address: 5505 Johnston St, Lafayette, LA 70503

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