Ambassador Caffery Parkway 3501-3561, Lafayette, LA, 70503, US

Ambassador Row

Asset description

An an exclusive representative of the Seller, JLL is pleased to present the opportunity to purchase Ambassador Row, a 181,47 SF center located in the thriving retail corridor along Ambassador Caffery Parkway in Lafayette, LA. The Property features a premier lineup of essential and e-commerce resistant tenants perfectly serving the surrounding demographics, including Big Lots, Planet Fitness, JoAnn and Northern Tool & Equipment.

Situated at the hard corner of Ambassador Caffery Parkway and Johnston Street, the Property offers unparalleled accessibility and serves an expansive trade area. Within a 5-mile radius, there is a total population of 127,517 residents with an average household income of $100,000.

The center presents a phenomenal shopping center at the cornerstone of Lafayette's major retail corridor and provides buyers the opportunity to benefit from a loyal tenant base (15.7 YR avg tenure) and a remaining 8.6 WALT

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Attributes

Building area gross

181,457 sf

Land area gross

18.05 acres

Occupancy

98.2%

Year built

1981

Media

Investment highlights

Located in Lafayette's major retail corridor, serving over 127,517 residents within a 5-mile radius
Loyal tenant base with 15.7 Avg Tenure and a remaining 6.8 WALT
Ability to control the hard corner of Ambassador Caffery Parkway & Johnston St