1000 Acadia RdThibodaux, LA 70301

  • Other commercial real estate
  • 14,168 SF
For Sale
$4,133,333 View listing

Property Details for 1000 Acadia Rd

Lot size
2.00 AC
Property size (Sq ft)
14,168 SF
Property type
Other commercial real estate
APN
20570100
APU
20570100

Description

This exceptional investment opportunity presents a fee-simple, Class A, single-tenant Walgreens pharmacy located at 1000 S Acadia Rd, Thibodaux, LA 70301. The property boasts a 14,820 square-foot building on a 1.86-acre lot, constructed in 2009. The property benefits from a long-term, absolute NNN lease with Walgreens, America's leading retail pharmacy, guaranteeing minimal landlord responsibilities. The lease commenced July 19, 2009, and expires July 30, 2034, leaving a substantial 9.7 years remaining. The current annual net operating income (NOI) is $310,000, representing a 7.50% cap rate on the asking price of $4,133,333 ($278.90/sq ft). The lease includes corporate guarantees and 50, 1-year lease options. This strategically located property sits on a prominent 4-way signalized corner, offering excellent visibility and accessibility. Its proximity to Thibodaux Regional Medical Center and Nicholls State University ensures high traffic and strong demographics. The surrounding area includes numerous national retailers, further enhancing the property's value and potential for long-term growth. Store sales figures are available upon request. This is a rare opportunity to acquire a stable, high-performing investment with a blue-chip tenant in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,278,007
    Hospitality
    $2,086,642
    Educational
    $1,736,062
    Medical
    $1,795,768
    Retail
    $2,700,540
1000 Acadia Rd, Thibodaux, Louisiana

Location Insight

City
Thibodaux
County
Lafourche
State
Louisiana
Latitude
29.7811
Longitude
-90.8085
CBSA code
26380
CBSA name
HOUMA-BAYOU CANE-THIBODAUX, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$31,170
$56,360
$254,160
$310,520
-
$563,600
$1,694,400
$2,258,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].