900 E Simcoe St | Lafayette, LA 70501
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900 E Simcoe St
Lafayette, LA 70501
Gerber Collision & Glass · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Attractive 7.75% Cap Rate | 10% Rent Bump In Each Option
- Strong Demographics | 112,000+ Population in a 12 Mile Radius
- Exposure on Two Main Thoroughfares | Combined 26,100 VPD
- Business Recently Acquired by Gerber Collision| 700+ Locations
- Building Currently Undergoing Significant Renovations
- Facility to Include Two Additional Business Lines for Tenant
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
23,000 SF
Building Class
C
Year Built
1940
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
1.86 AC
Parking
220 Spaces (9.57 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Signage
PROPERTY TAXES
| Parcel Number | 6148602 | Improvements Assessment | $103,311 |
| Land Assessment | $9,004 | Total Assessment | $112,315 |
PROPERTY TAXES
Parcel Number
6148602
Land Assessment
$9,004
Improvements Assessment
$103,311
Total Assessment
$112,315
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