Property profile

4016 Highway 90 Broussard, LA 70518

OFF-MARKET
Neighborhood centers
22,977 SF
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Property summary

AI-generated overview

This Broussard, Louisiana retail center, located at 4016 Hwy 90 E, zip code 70518, offers 22,977 square feet across 16 suites in a single-story building. Recently renovated in 2024, the property boasts high visibility at a major signaled intersection with approximately 46,488 vehicles passing daily. Suite sizes range from 1,200 to 2,400 square feet, with options for build-out negotiation. Currently, twelve spaces are available for lease. The center benefits from a 55 mph speed limit, enhancing storefront visibility and customer accessibility. An endcap restaurant space with a drive-thru is also available, ideal for quick-service restaurants. Existing tenants include diverse businesses such as New Orleans Daiquiris, Sushi Roxx, Puff Zone, and Security Finance, indicating a strong tenant mix and established customer base. The property is situated in Lafayette Parish and enjoys a prime location with strong residential, business, and employee demographics, ensuring consistent customer traffic. Leases are of the NNN type. This is a remarkable opportunity for businesses seeking high visibility and strong foot traffic in a thriving Louisiana market.

Property profile

Verified
Property type Neighborhood centers
Total area 22,977 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Church
  • Alternative Medicine Practice Spa & Massage Center
  • Bar & Pub
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice

Location

4016 Highway 90 Broussard, LA 70518
Broussard metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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