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    1007 E Main St New Iberia, LA 70560

    For Lease
    $8,159 /Mo ($45 SF/Yr)

    2,150 SF retail building with high visibility.

    Property size:
    2,150 SF
    Lot size:
    0.98 Acres

    Property Features for 1007 E Main St

    General Information

    Size
    2,150 SF
    Lot size
    0.98 Acres

    Source: Stirling Properties | Mobile Agent Lynda Terreson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Free-Standing Retail Building Available

    This is a 2,150 square foot free-standing retail building constructed in 2019, situated on a 0.98-acre parcel. The lease extends through December 31, 2039, with options available. The property benefits from excellent visibility, featuring 174 feet of frontage on E Main Street, which sees 6,664 vehicles daily in 2024. It also has additional exposure at the N Lewis Street intersection, with a daily traffic count of 17,884 vehicles in 2024. The location is surrounded by a mix of national and regional retailers, offices, and residential neighborhoods. The area benefits from a strong local workforce and a school system with over 11,700 students in Iberia Parish. Conveniently located, the property offers easy access to Acadiana Regional Airport, which is 4 miles away. Lafayette Regional Airport, serving over 400,000 travelers annually, is 20 miles away. Iberia Medical Center Main Campus, with 159 staffed beds, is less than 2 miles from the property. Downtown New Iberia, Shadows-on-the Teche, and other regional destinations are within minutes of the location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    KFC Chicken Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia
    State
    Louisiana
    Longitude
    -91.82975
    Latitude
    30.017558

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    FAQs

    What type of property is this?
    Retail space - 2,150 SF retail building with high visibility.
    Where is this retail space located?
    The property is located at 1007 E Main St New Iberia, LA.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: - Lease through 12/31/2039 (options available); - **Excellent visibility** with 174’ frontage on E Main Street (6,664 ADT 2024) and additional exposure at N Lewis Street intersection (17,884 ADT 2024); - 2,150 SF free-standing building on a 0.98 acre parcel
    (704) 996-0033
    Request Owner's contact information
    1007 E Main St New Iberia, LA 70560
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    New Iberia, LA 70560
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1007 E Main St New Iberia, LA 70560
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