1202 Jefferson Ter New Iberia, LA 70560
- Neighborhood centers
- 23,600 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 1202 Jefferson Ter
- Property size
- 23,600 SF
- Property type
- Neighborhood centers
- Property subtype
- Lifestyle centers
Description
New Iberia Plaza offers exceptional retail space in a thriving Walmart shadow center. This prime location boasts over 23,600 square feet of total building space, with two available units totaling 4,240 square feet of vacant space. Individual spaces range from a minimum of 1,440 square feet to a maximum contiguous space of 2,800 square feet, offering flexibility for various business needs. The center benefits from the significant traffic generated by the adjacent Walmart, which sees an impressive 3 million annual visits. This high-volume traffic extends to the surrounding retail corridor, the only high-density retail hub in New Iberia, ensuring strong visibility and customer reach. The property features strong anchor tenants, including Cato and Hibbett Sports, further enhancing its appeal and attracting a diverse customer base. The strategic location is complemented by the proximity of numerous national retailers, such as Starbucks, Walgreens, Chick-fil-A, Dollar Tree, and Smoothie King, creating a synergistic retail environment. This presents a unique opportunity for businesses seeking high visibility and access to a substantial customer base in a well-established retail center. The property's location along E Admiral Doyle Dr provides excellent accessibility and visibility for potential tenants.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Iberia
- County
- Iberia
- State
- Louisiana
- Longitude
- -91.8141
- Latitude
- 29.9847
