5622 Johnston St | Lafayette, LA 70503
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5622 Johnston St
Lafayette, LA 70503
Hobby Lobby | Absolute Net Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- • Ground Lease with Seven Years Remaining
- • Property Includes a 101,163 Square Foot Box and an 8,214 Square Foot Restaurant on 9.16 Acres
- • More than 130,517 Residents (Five-Mile Radius)
- • Rent Well Below Market ($1.04 Per Square Foot)
- • Excellent Access and Visibility on Corner of Signalized Intersection at Johnston Street and Ambassador Caffery Parkway (51,100 Vehicles Per Day)
- • $25.70 Per Square Foot to Building | $6.51 Per Square Foot to Land
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
109,377 SF
Building Class
C
Year Built
1982
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
9.02 AC
Frontage
208’ on Johnston St
PROPERTY TAXES
| Parcel Number | 6072498 | Improvements Assessment | $0 |
| Land Assessment | $392,911 | Total Assessment | $392,911 |
PROPERTY TAXES
Parcel Number
6072498
Land Assessment
$392,911
Improvements Assessment
$0
Total Assessment
$392,911
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