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124-128 Arnould Blvd 68,012 SF 98% Leased Retail Building Lafayette, LA 70506 $8,500,000 ($124.98/SF) 8.48% Cap Rate



Executive Summary
Well-Established Tenants Including Harbor Freight Tools, Dollar Tree, Golfballs.com, and Piccadilly Restaurant, with an average tenure of over 26 years.
80% National Tenancy – Stable, Long-Term Income Stream with National Credit Backing, Offering Security for The Next Ownership Cycle.
High-Traffic Location on Johnson St. – Accessing 46,207 VPD & Connecting Downtown Lafayette and the University of Louisiana.
Harbor Freight ranked #3 out of 30 Louisiana locations by Placer.ai, placing it in the top 20% nationwide.
Dense, Growing Demographics – 136,560 people within a 5-mile radius & Average Household Income of $80,513
Adjacent to Lafayette High School (1,852 students) and just 2 miles from the University of Louisiana campus, employing 2,200+ and serving 19,200 students.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Direct General Insurance Agency
- Accommodation and Food Services
- -
- -
- Mar 2030
- Dollar Tree
- Accommodation and Food Services
- -
- -
- Jul 2027
Established in 1995 as a purely virtual business and has transitioned over the years into one of the leading golf Internet retailers on the web, with a strong focus on customized products. As the World Leader in Golf Customization, Golfballs.com gives golfers the ability to customize golf balls from the very best brands in golf with personalized text, monogram designs, photos, and company or business logos. In addition to golf balls, they personalize everything from golf towels and hats to bags, shirts, accessories, and much more. They also offer a complete selection of golf clubs, shoes, apparel or anything else you may need for your golf game. Located in Lafayette, LA, Golfballs.com houses the largest golf retail center in Louisiana provides customers with access to a huge inventory of everything from the hottest clubs and apparel to shoes, equipment and more.
Harbor Freight Tools is a privately held discount tool and equipment retailer founded in 1977 by Eric Smidt and Allan Smidt. Headquartered in Calabasas, California, the company began as a mail-order business and opened its first retail store in 1980. Harbor Freight operates over 1,600 stores across 48 states and employs more than 30,000 people. The retailer offers a wide range of products, including hand tools, power tools, automotive equipment, generators, and shop supplies, marketed under proprietary brands such as Pittsburgh, Bauer, Hercules, and U.S. General. Harbor Freight’s business model focuses on direct sourcing from manufacturers to reduce costs and provide tools at prices significantly lower than competitors. The company also maintains a strong e-commerce presence and offers financing options, loyalty programs, and extended service plans. Harbor Freight remains family-owned and is recognized for its commitment to affordability and value in the tool retail industry.
- Piccadilly
- Accommodation and Food Services
- -
- -
- Aug 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Direct General Insurance Agency | Accommodation and Food Services | - | - | Mar 2030 | ||
| Dollar Tree | Accommodation and Food Services | - | - | Jul 2027 | ||
|
Retailer | - | - | Jul 2028 | ||
|
Retailer | - | - | May 2030 | ||
| Piccadilly | Accommodation and Food Services | - | - | Aug 2027 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 6053097 | Improvements Assessment | $354,900 |
| Land Assessment | $168,989 | Total Assessment | $523,889 |
Property Taxes
Presented by
Research In Progress
124-128 Arnould Blvd
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