Take 5 Oil Change NNN
New
For Sale
$1,482,000
3120 Ambassador Caffery Pkwy, Lafayette, LA 70506
Absolute NNN lease includes two five-year extension options and no landlord operating responsibilities.
Property Size1,572 SF
Days on Market6
Property Features for 3120 Ambassador Caffery Pkwy
General Information
Standard status
Active
Size
1,572 SF
Property subtype
Retail
Zoning
CH: Commercial Heavy
Occupancy
100%
Building Details
Building Size
1,572 SF
Year Built
2006
Stories
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners | Tampa
(480) 221-4221
Listed By:
Patrick Luther · License #CA 01732226
(480) 221-4221
Source:
Srsre
Added: Aug 12
Changed: Aug 13
Last Checked: Aug 17 at 3:36AM
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 SRS Real Estate Partners | Tampa
Investment Insights
Based on property information with market context.
This fee-simple investment includes ownership of the land and building occupied by Take 5 Oil Change. Built in 2006, the property is subject to an absolute NNN lease, with the tenant responsible for property-level obligations under the lease structure and no landlord operating responsibilities identified. The initial term has more than 5 years remaining, followed by 2 additional 5-year extension options.
The property is located at 3120 Ambassador Caffery Pkwy in Lafayette, Louisiana, and carries CH: Commercial Heavy zoning. Contractual rent increases of 14% are scheduled at the start of each option period. The location’s annual visits rank in the 83rd percentile nationwide in Placer.ai’s data.
The property is located at 3120 Ambassador Caffery Pkwy in Lafayette, Louisiana, and carries CH: Commercial Heavy zoning. Contractual rent increases of 14% are scheduled at the start of each option period. The location’s annual visits rank in the 83rd percentile nationwide in Placer.ai’s data.
Key Highlights
- Take 5 Oil Change occupies the property under an absolute NNN lease
- More than 5 years remain in the initial lease term
- 2 additional 5‑year extension options
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 70506, LA
39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease includes two five-year extension options and no landlord operating responsibilities.
Where is this nnn property located?
The property is located at 3120 Ambassador Caffery Pkwy Lafayette, LA.
What is the asking price?
The asking price for this property is $1,482,000.
What are key features of this property?
This property features: Take 5 Oil Change occupies the property under an absolute NNN lease; More than 5 years remain in the initial lease term; 2 additional 5‑year extension options
