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Little Blessings -Lafayette, LA 537 Evangeline Trl 10,000 SF Retail Building Breaux Bridge, LA 70517 $3,348,480 CAD ($334.85 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Little Blessings Daycare has been operating since 2008 with 20 units in Louisiana and Texas.
- One hour and 45-minute drive from Louis Armstrong New Orleans International Airport (MSY).
- 11 feeder elementary schools within a 10-mile radius.
- Breaux Bridge benefits from proximity to Interstate 10, allowing quick travel to Lafayette (10 miles), Baton Rouge (50 miles), and New Orleans
- 15-year Triple Net (NNN) Lease with zero landlord responsibilities.
- Home to the University of Louisiana at Lafayette, a major regional university with strengths in engineering, computer science
EXECUTIVE SUMMARY
Sands Investment Group is pleased to exclusively offer for sale the 10,000 SF Little Blessings located at 537 Evangeline Trail in Breaux Bridge, LA. This deal includes a 15-year Triple Net (NNN) Lease with zero landlord responsibilities, ensuring consistent income with minimal management.
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
In Cooperation With Sands Investment Group Louisiana, LLC - Lic. #BROK.0995702111-CORP BoR: Andrew Ackerman - Lic. LA #BROK.0995700567-ACT
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
B
Year Built
2013
Price
$3,348,480 CAD
Price Per SF
$334.85 CAD
Cap Rate
8%
NOI
$267,878 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.73 AC
Frontage
187’ on Rees Street
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Little Blessings
- Educational Services
- 10,000 SF
- $26.79 CAD
- Triple Net
- Jan 2040
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Little Blessings | Educational Services | 10,000 SF | $26.79 CAD | Triple Net | Jan 2040 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06901C2762 | Improvements Assessment | $167,365 CAD |
| Land Assessment | $23,049 CAD | Total Assessment | $190,414 CAD |
PROPERTY TAXES
Parcel Number
06901C2762
Land Assessment
$23,049 CAD
Improvements Assessment
$167,365 CAD
Total Assessment
$190,414 CAD
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Little Blessings -Lafayette, LA | 537 Evangeline Trl
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