1120 E Admiral Doyle Dr
New Iberia, LA 70560
Captain D's Seafood Kitchen · Retail Property For Sale

Transwestern Commercial Services is pleased to present for sale an absolute triple net ground lease consisting of a 27,312 square foot pad site at 1120 East Admiral Doyle Drive in New Iberia, Louisiana (“Property”). The land parcel is improved with a newly constructed single-tenant 1,994 square foot Captain D’s Seafood Kitchen quick service restaurant completed in 2018 under the terms of a twenty-year ground lease with two, 10-year renewal options. The Property is well-positioned in a strong retail trade node in New Iberia, which is twenty-one miles southeast of Lafayette. The five-mile population is 49,369 with an average household income of $62,291. The Captain D’s is located along State Highway 674 on an outparcel to a shopping center anchored by TJMaxx and Stage. State Highway 674 (East Admiral Doyle Drive) boasts a traffic count of approximately 20,000 vehicles per day, and the immediate trade area includes the following national retailers: Walmart Supercenter, Chickfil- A, O’Reilly’s Auto Parts, Aaron’s, Dollar Tree, Raising Cane’s Chicken Fingers, Starbucks, PetSmart, Capital One, Murphy USA, Walgreens, Mr. Gatti’s Pizza, Taco Bell, Checker’s, Wendy’s and more.