Drive-Through NNN Restaurant with
For Sale
Contact for pricing
101 E Admiral Doyle Dr, New Iberia, LA 70560
NNN leased drive-through restaurant on 0.95 acres with lease through 3/31/2028 and four five-year options.
Property Size2,890 SF
Lot Size0.95 Acres
Days on Market124
Property Features for 101 E Admiral Doyle Dr
General Information
Standard status
Active
Size
2,890 SF
Lot size
0.95 Acres
Property subtype
Retail
Listing Agency:
Net Leased Real Properties
(760) 473-0520
Listed By:
Brent Hensley · License #CA 01361112
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 10:23AM
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 Net Leased Real Properties
Investment Insights
Based on property information with market context.
This NNN property is a 2,890 sf drive-through restaurant building on 0.95 acres. The current tenant has converted from Hardee’s to its QSR brand Fat Patty’s. The NNN lease expires 3/31/2028 and includes four five-year options, with 1.5% annual rent increases.
The restaurant is positioned at the signalized SEC of E. Admiral Doyle Drive and South Iberia Street. East Admiral Doyle Drive is described as one of New Iberia’s main east/west arterial roads. The listing states year-after-year sales have been relatively consistent with 2019 sales reporting a strong 8.1% rent to sales ratio (contact listing agent). Within the trade area are four major retail shopping centers: Iberia Plaza, Westpark Shopping Center, Lagniappe Village, and Iberia Mall. Four schools totaling 3,329 students are located within 1.5 miles, and a Coca-Cola bottling plant is approximately 1/2 mile from the property.
The restaurant is positioned at the signalized SEC of E. Admiral Doyle Drive and South Iberia Street. East Admiral Doyle Drive is described as one of New Iberia’s main east/west arterial roads. The listing states year-after-year sales have been relatively consistent with 2019 sales reporting a strong 8.1% rent to sales ratio (contact listing agent). Within the trade area are four major retail shopping centers: Iberia Plaza, Westpark Shopping Center, Lagniappe Village, and Iberia Mall. Four schools totaling 3,329 students are located within 1.5 miles, and a Coca-Cola bottling plant is approximately 1/2 mile from the property.
Key Highlights
- NNN leased drive‑through restaurant building totaling 2,890 SF on 0.95 acres
- NNN lease expires 3/31/2028 with 4 additional five‑year options
- 1.5% annual rent increases; next increase due 4/1/2021
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
60k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 22%
Electronics 8%
Home Improvements & Furnishings 1%
McDonald's
Dining
29,387 visits/mo
0.2 miles
Burger King
Dining
12,123 visits/mo
0.2 miles
Texaco
Shops & Services
6,093 visits/mo
0.2 miles
Family Dollar
Shops & Services
5,149 visits/mo
0.1 miles
AT&T
Electronics
4,566 visits/mo
0.4 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - NNN leased drive-through restaurant on 0.95 acres with lease through 3/31/2028 and four five-year options.
Where is this drive through restaurant located?
The property is located at 101 E Admiral Doyle Dr New Iberia, LA.
What are key features of this property?
This property features: NNN leased drive‑through restaurant building totaling 2,890 SF on 0.95 acres; NNN lease expires 3/31/2028 with 4 additional five‑year options; 1.5% annual rent increases; next increase due 4/1/2021
