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Walgreens 2822 Ambassador Caffery Pky 15,120 SF Retail Building Lafayette, LA 70506 $5,493,600 CAD ($363.33 CAD/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Hospital Outparcel – Directly outparceled to Ochsner Lafayette General Orthopedic Hospital, a 131-bed facility specializing in orthopedic care
  • High Visibility Site – Strategically located at the signalized intersection of W. Congress St. and Ambassador Caffery Pkwy
  • Lafayette, LA – Positioned within the Lafayette MSA—the 5th largest in Louisiana with over 400,000 residents
  • Exceptional Sales Performance – This Walgreens most recently generated approximately $3 million in annual reported sales
  • Strong Retail Corridor – Positioned among national retailers including Albertson’s, Circle K, Chase Bank, Subway, WingStop and more
  • New Developments – Lafayette is experiencing robust retail and economic growth, highlighted by new entries such as Trader Joe’s, Buc-ee’s, and Cava.

EXECUTIVE SUMMARY

Broker of Record
Donnie Jarreau
License # BROK.995704351-CORP (LA)
Jarreau Real Estate
16173 Perkins Road Baton Rouge, LA 70810
(866) 889-0550

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,120 SF
Building Class
C
Year Built
2003
Price
$5,493,600 CAD
Price Per SF
$363.33 CAD
Cap Rate
8%
NOI
$439,488 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.04 AC
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Albertsons
La Hacienda
Golden Corral
Chase Bank
Capital One
Checkers
First Horizon Bank
PJ's Coffee of New Orleans

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6015483
Land Assessment
$100,293 CAD
Improvements Assessment
$300,766 CAD
Total Assessment
$401,059 CAD
  • Listing ID: 38086465

  • Date on Market: 2025-10-15

  • Last Updated:

  • Address: 2822 Ambassador Caffery Pky, Lafayette, LA 70506

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