110 Production Dr Lafayette, LA 70508

This exceptional 10,900 square foot shopping center, located at 110 Production Drive in Lafayette, Louisiana, presents a compelling investment opportunity. Built in 2006 and renovated in 2017, the single-story building sits on a 1.59-acre lot and boasts 127 parking spaces, ensuring ample customer convenience. Currently operating under a NNN lease structure with a multi-tenant occupancy of 50%, the property offers significant upside potential. The asking price is $1,295,000, translating to $118.81 per square foot. The property is zoned COMMERCIAL and features a remaining lease term of one year. Its prime location within the Lafayette Parish, in the Lacdb - G1 submarket, benefits from strong demographics and high traffic volume. The property's APN is 6031614. This well-maintained shopping center offers a solid foundation for immediate income generation and future growth, making it an attractive addition to any investment portfolio. The property's strategic location and existing infrastructure provide a strong base for long-term value appreciation. This is a rare opportunity to acquire a well-positioned retail property in a thriving Louisiana market. The property's size, parking availability, and existing tenant base make it an ideal investment for both seasoned and emerging investors.