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Retail Pad Building For Sale
For Sale
$3,444,000

900 E Admiral Doyle Dr New, New Iberia, LA 70560

100% leased, freestanding, 3-tenant NNN outparcel pad building.

Property Size7,572 SF
Price / SF$454.83
Days on Market247

Property Features for 900 E Admiral Doyle Dr New

General Information

Standard status Active
Size 7,572 SF
Property subtype Retail

Building Details

Year Built 2023
Listing Agency: Faris Lee Investments
Listed By: Scott De Young · License #CalDRE #01889050
Source: Farislee
Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:42AM

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 Faris Lee Investments

Investment Insights

Based on property information with market context.

This 7,572-square-foot retail property is a 100% leased, freestanding, 3-tenant NNN outparcel pad building. The property is located in New Iberia, Louisiana, which has a population of over 27,000. The shops are an outparcel to a regional shopping center with Hobby Lobby, Rouses Market, and Ross Dress for Less as strong anchors. Other tenants within the immediate trade area include Walmart, TJ Maxx, PetSmart, and Five Below. The property is centrally located within the east Iberia trade area, in the dominant retail corridor with frontage along South Lewis and E. Admiral Doyle Dr., and with direct access to Hwy 90. South Lewis provides over 23,000 vehicles per day, and Admiral Doyle Drive provides over 21,000 vehicles per day. More than 74,000 people live within a ten-mile radius. All three tenants signed brand-new long-term NNN leases in 2023, with options to extend the term, making the tenants responsible for their pro rata share of expenses (taxes, insurance, and CAM) associated with the property. Tenants include Mattress Firm, Cellular Sales (DBA Verizon), and Zeus Mediterranean Kitchen. Mattress Firm’s lease includes rental increases throughout the term. Mattress Firm has over 2,300 locations, Cellular Sales has over 700 locations, and Zeus Mediterranean Kitchen has 17 locations.

Key Highlights

  • 100% leased, freestanding, 3‑tenant NNN outparcel pad building with brand‑new long‑term leases signed in 2023.
  • Corporate‑backed leases from Mattress Firm and Cellular Sales (DBA Verizon).
  • NNN leases provide minimal landlord responsibilities.

Property Analytics

Current Use

Hobby Lobby (Bike/Boat/Book/etc) Store Rouses Market Grocery & Convenience Store Ross Dress for Less Men'S Clothing Store Mattress Firm Shops ... Furniture & Home Goods Verizon Telecommunications Service

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Skin Care Clinic Storage Facility HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby
211k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 32% Groceries 19% Home Improvements & Furnishings 5%
Rouses Market Groceries
40,468 visits/mo 0.5 miles
McDonald's Dining
29,387 visits/mo 0.2 miles
Hobby Lobby Shops & Services
21,450 visits/mo 0.5 miles
SONIC Drive In Dining
13,184 visits/mo 0.1 miles
Chase Bank Shops & Services
12,701 visits/mo 0.5 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Lagniappe Village — 1102 E Admiral Doyle Dr, New Iberia, LA 70560
  • College Park Shopping Center — College Park Shopping Center, E Admiral Doyle Dr, New Iberia, LA 70560
  • West Park Shopping Center — 820 E Admiral Doyle Dr, New Iberia, LA 70560
  • Walmart Plaza — 1002 Jefferson Terrace E, New Iberia, LA 70560
  • Coinstar Kiosk | Bitcoin ATM — Rouses Market, 900 E Admiral Doyle Dr, New Iberia, LA 70560

Frequently Asked Questions

What type of property is this?
Shopping center - 100% leased, freestanding, 3-tenant NNN outparcel pad building.
Where is this shopping center located?
The property is located at 900 E Admiral Doyle Dr New New Iberia, LA.
What is the asking price?
The asking price for this property is $3,444,000.
What are key features of this property?
This property features: 100% leased, freestanding, 3‑tenant NNN outparcel pad building with brand‑new long‑term leases signed in 2023.; Corporate‑backed leases from Mattress Firm and Cellular Sales (DBA Verizon).; NNN leases provide minimal landlord responsibilities.
More about this property
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