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210 Saint Nazaire Rd
Broussard, LA 70518
Retail Property For Sale
Investment Highlights
- New Construction With Long-Term Ground Lease: 2023 construction. The new construction paired with a 15-year ground lease
- Extensive Trade Area: According to Placer.ai, the trade area for Walmart expands north into Lafayette and south to New Iberia
- Prime Location: Situated within a major retail hub at the intersection of Hwy 90 and St. Nazaire Road
- Corporate Credit: Lease guaranteed by Driven Systems, LLC
- Rent Escalations: Contractual rent escalations of 10% every five years
- Highly Trafficked Area: Adjacent to Walmart which experienced over 1.5 million visits in 2022
Property Facts
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,420 SF
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.29 AC
Zoning
F1
Property Taxes
| Parcel Number | 6175074 | Improvements Assessment | $43,170 |
| Land Assessment | $9,827 | Total Assessment | $52,997 |
Property Taxes
Parcel Number
6175074
Land Assessment
$9,827
Improvements Assessment
$43,170
Total Assessment
$52,997
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