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Build-to-Suit VA Medical Center
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Contact for pricing
Pending

3149 Ambassador Caffery Pkwy, Lafayette, LA 70506

Purpose-built outpatient facility with a long-term modified gross lease and dedicated surface parking.

Property SizeContact for details
Days on Market167

Property Features for 3149 Ambassador Caffery Pkwy

General Information

Standard status Pending
Total Parking Spaces 150
Property subtype Office
Net Operating Income $1,265,777

Additional Details

Cap Rate 7.35%

Building Details

Year Built 2016
Tenancy Single
Listing Agency: The Jonna Group at Colliers International
Listed By: Simon Jonna · License #MI 6501357188
Source: Crexi
Added: Mar 18 Changed: Aug 29 Last Checked: Aug 31 at 3:56AM

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 The Jonna Group at Colliers International

Investment Insights

Based on property information with market context.

Completed in 2016, this purpose-built outpatient clinic was developed to custom specifications for the U.S. Department of Veterans Affairs. The facility serves veterans and is occupied under a fully managed modified gross lease with more than 13.5 years remaining on the initial 20-year term. The lease carries a corporate guarantee from the United States of America, which is rated Moody’s AAA/Stable.

Located at 3149 Ambassador Caffery Parkway in Lafayette, Louisiana, the property benefits from reported exposure to 36,000 vehicles per day. The surrounding five-mile area includes a population of more than 134,000 and several national retailers, restaurants, pharmacies, and healthcare providers. On-site improvements include 150 surface parking spaces. The reported capitalization rate is 7.35%.

Key Highlights

  • 2016 build‑to‑suit outpatient clinic developed for Veterans Affairs
  • More than 13.5 years remain on the initial 20‑year lease
  • Fully managed modified gross lease structure

Property Analytics

Current Use

Lafayette VA Clinic Medical Clinic VA Clinic Ambassador ... Physician Dr. Jason Landry Physician

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Real Estate Agency Garden Center Hotel & Motel

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

760
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical center - Purpose-built outpatient facility with a long-term modified gross lease and dedicated surface parking.
Where is this medical center located?
The property is located at 3149 Ambassador Caffery Pkwy Lafayette, LA.
What are key features of this property?
This property features: 2016 build‑to‑suit outpatient clinic developed for Veterans Affairs; More than 13.5 years remain on the initial 20‑year lease; Fully managed modified gross lease structure
(248) 226-1611 Call to check price and availability
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