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Multi-Tenant NNN Property
For Sale
Contact for pricing
Pending

102 S Landry Dr, New Iberia, LA 70560

Fee simple offering with a Dollar General Market and two additional commercial units.

Property SizeContact for details
Days on Market142

Property Features for 102 S Landry Dr

General Information

Standard status Pending
Property subtype Retail

Financials

Asking Price $2,058,252
Cap Rate 6.42%

Building Details

Tenancy Multi
Listing Agency: AiCRE Partners
Listed By: Jason Gribin · License #CA 01819611
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AiCRE Partners

Investment Insights

Based on property information with market context.

The fee simple offering at 102 S Landry Dr includes a multi-tenant net lease property anchored by a Dollar General Market store. The property also includes the neighboring Dking Seafood fish market and a rear unit leased to Mike’s Inn.

The asset is located in New Iberia, Louisiana. In-place NOI reflects a scheduled rental increase in October, supporting a 6.42% cap rate. The lease structure also provides two additional 5-year options following the current term.

Key Highlights

  • Fee simple interest in a multi‑tenant net lease property
  • Dollar General Market store included in the offering
  • Dking Seafood fish market included

Property Analytics

Current Use

Western Union Bank DG Market Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply Spa & Massage Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby
28k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Roses Discount Store Shops & Services
10,348 visits/mo 0.2 miles
Dollar General Shops & Services
7,297 visits/mo 0.1 miles
Dollar Tree Shops & Services
6,929 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
3,194 visits/mo 0.2 miles

Demographics for 70560, LA

39,457
Population
16,970
Households
2.3
Avg Household Size
38
Median Age
11%
College-Educated
80%
High-School Grad
176.1 sq mi
ZIP Area
224
Density / Sq Mi
$48,296
Median Household Income
$31,864
Median Earnings
$886
Median Rent
$126,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Fee simple offering with a Dollar General Market and two additional commercial units.
Where is this nnn property located?
The property is located at 102 S Landry Dr New Iberia, LA.
What are key features of this property?
This property features: Fee simple interest in a multi‑tenant net lease property; Dollar General Market store included in the offering; Dking Seafood fish market included
More about this property
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