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    1150 St Peter St New Iberia, LA

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    For Lease
    $6 SF/Yr ($7,700 /Mo)

    Sublease opportunity in New Iberia, 15,400 SF former Walgreens.

    Property size:
    15,400 SF
    Lot size:
    3.42 Acres

    Property Features for 1150 St Peter St

    General Information

    Size
    15,400 SF
    Lot size
    3.42 Acres

    Source: Stirling | Lafayette Agent Rankin Bihm

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

    Overview

    Former Walgreens Retail Space Available

    This sublease opportunity is located in New Iberia, in a two-tenant strip center with Roses Express as a co-tenant. The space, formerly a Walgreens, offers 15,400 square feet of retail area. The site features multiple access points and good visibility. Any offers are subject to review by the Walgreens Real Estate Committee. The site is suitable for drug store or retail use, and additional lease term may be available.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Similar Places Nearby

    Gerald Broussard, RPH, Ronald A. Geoffroy Jr, PD, Thrifty Way Pharm New Iberia, Swallows Pharmacy, Soileau's Pharmacy

    Map

    City
    New Iberia
    County
    Iberia
    State
    Louisiana
    Longitude
    -91.8187285
    Latitude
    30.0035365

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    FAQs

    What type of property is this?
    Drug store - Sublease opportunity in New Iberia, 15,400 SF former Walgreens.
    Where is this drug store located?
    The property is located at 1150 St Peter St New Iberia, LA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Sublease opportunity in a former Walgreens location.; - **Large space: 15,400 SF available.**; - Good visibility.
    (337) 384-6979
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    1150 St Peter St New Iberia, LA
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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
    1150 St Peter St New Iberia, LA
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