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301 Mdw Farm Dr Lafayette, LA 70508

Sponsored
For Sale
Contact for pricing

High-traffic location, absolute net lease, strong ROI.

Property size:
33,032 SF

Description

Added:
Dec 11, 2024
Days on Market:
396
This exceptional investment opportunity presents a brand-new, 2023-constructed Topgolf facility, boasting 33,032 square feet on an 11.66-acre lot in Lafayette, Louisiana. Situated at a prime intersection in a premier regional shopping destination, this single-tenant property enjoys 100% occupancy under a long-term absolute net lease with Topgolf International Inc., eliminating all landlord obligations. The property benefits from a 6.75% cap rate and significant depreciation advantages due to the nature of the improvements. This location is strategically positioned approximately 6.5 miles south of downtown Lafayette, providing excellent access and visibility along a major retail corridor. The surrounding area boasts robust demographics, with a daytime population of approximately 343,000 within a 15-mile radius and an average household income of $90,347 within 10 miles. The property's proximity to numerous shopping centers, including Ambassador Town Center (featuring Costco, Dick's Sporting Goods, and more), Crossroads South, and River Marketplace, ensures high foot traffic and visibility. Additional nearby amenities include a movie theater, ALDI, Academy Sports, and other major retailers. This is a rare opportunity to acquire a high-performing asset in a thriving market with exceptional long-term growth potential. The address is 301 Meadow Farm Dr, Lafayette, LA 70508.

Property Features for 301 Mdw Farm Dr

General Information

Property type
Specialty properties
Square Feet
33,032 SF
Lot Size
507,910 SF

Building Details

Year Built
2023

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Lafayette
County
Lafayette Parish
State
Louisiana
Longitude
-92.0418039
Latitude
30.1540912

FAQs

What type of property is this?
Specialty property - High-traffic location, absolute net lease, strong ROI.
Where is this specialty property located?
The property is located at 301 Mdw Farm Dr Lafayette, LA.
More about this property
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