1000 Acadia RdThibodaux, LA 70301

Property Details for 1000 Acadia Rd

Lot size

2.00 AC

Property size (Sq ft)

14,168 SF

Property type

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,255,550

  6.5%

  $2,082,050

  7%

  $1,933,330

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,080,750

  Geo Method

  $1,007,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,063,640

  Retail / Commercial

  $2,090,750

  Mixed-Use / Specialty

  $2,088,760

  Hospitality / Lodging

  $1,539,580

  Office

  $2,082,050

  Institutional / Educational

  $2,173,430

  Residential Income

  $2,542,910

  Multifamily

  $3,019,530

  Automotive / Energy

  $1,862,940

  Parking / Income-Based Land

  $637,477

  Restaurant / Food Service

  $1,098,050

  Healthcare / Senior Housing

  $2,136,380

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

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].