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329 Pont Des Mouton Rd Lafayette, LA 70507

Sponsored
For Sale
$3,023,402

High-yield, single-tenant bank property

Property size:
1,829 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity features a 1,829 square foot Class A bank building in Lafayette, LA, on a 1.49-acre lot. The property boasts a strong 6.10% cap rate and a long-term NNN lease with Hancock Whitney Bank, a credit-rated tenant, extending until November 12, 2033. The lease commenced November 12, 2018, and includes rent bumps tied to the CPI with a 3% cap, beginning in year 11 and each subsequent option period. Two, five-year lease options are included. The building, constructed in 2018, is situated in a high-traffic area with excellent visibility, benefiting from over 11,800 vehicles passing daily. Its location near I-49, the Reserve at Couret Farms, and other national retailers like Target and Academy Sports + Outdoors ensures strong customer traffic and a stable investment. The property's Net Operating Income (NOI) is $184,428, with a sale price of $3,023,402 and a price per square foot of $1,653.04. The property is zoned C-1 and offers a fee-simple ownership structure with minimal landlord responsibilities. This single-tenant, single-story building presents a secure and lucrative investment opportunity in a thriving Lafayette, Louisiana market with a population exceeding 75,000 residents and 50,000 employees in the trade area. The asking price reflects a compelling value proposition for investors seeking a stable, high-yield asset.

Property Features for 329 Pont Des Mouton Rd

General Information

Property type
Individual retail properties
Square Feet
1,829 SF
Class
A
Lot Size
64,904 SF

Building Details

Year Built
2018
Buildings
1
Stories
1
Units
1

HighLights

  • NNN lease, low landlord responsibilities.
  • Strong investment opportunity with stable income.
  • Excellent visibility in a high‑growth Lafayette, LA location.
  • Surrounded by diverse commercial and residential development.
Property Profile Location Intelligence

Current Use by Public Records

Hancock Whitney ATM Atm Couret Farms Branch Bank Hancock Whitney Bank Bank

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lafayette
County
Lafayette Parish
State
Louisiana
Longitude
-92.0260288
Latitude
30.27350758

FAQs

What type of property is this?
Individual retail property - High-yield, single-tenant bank property
Where is this individual retail property located?
The property is located at 329 Pont Des Mouton Rd Lafayette, LA.
What is the asking price?
The asking price for this property is $3,023,402.
What are key features of this property?
This property features: NNN lease, low landlord responsibilities.; Strong investment opportunity with stable income.; Excellent visibility in a high-growth Lafayette, LA location.
More about this property
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