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700 Westgate Rd
Lafayette, LA 70506
Soda Pop Shop · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 10-Year Absolute Triple Net (NNN) Lease
  • Three (3), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 25 Years
  • Three Percent (3.0%) Annual Rental Increases
  • Accelerated & Bonus Depreciation | Properties Qualify for Both 80% Bonus Depreciation & 15 Year Accelerated Depreciation

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
640 SF
Building Class
C
Year Built/Renovated
2019/2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.73 AC
Zoning
C - Commercial
Frontage
164’ on Westgate Road

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6162771
Land Assessment
$11,201
Improvements Assessment
$4,800
Total Assessment
$16,001
  • Listing ID: 29268936

  • Date on Market: 8/14/2023

  • Last Updated:

  • Address: 700 Westgate Rd, Lafayette, LA 70506

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