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18292034
18292036

506 Lafayette St, Youngsville, LA 70592

SG
LA LA 37589
Derbes Falgoust Commercial Real Estate
Listed by Derbes Falgoust Commercial Real Estate
Unpriced
725 days on market
Updated 35 days ago
Under Contract

Twin Oaks Shopping Center - With Additional Developable Land

Details
Property Type Land, Office (+2)
Sub Type Day Care/Nursery, Shopping Center
Square Footage 15,056
Occupancy 90%
Tenancy Multi
Zoning Commercial
Investment Type Stabilized
Tenant Credit No Credit Rating

Retail Commercial Leased Properties with additional developable land

Marketing description

Leased Retail Strip Center, Commercial Complex & Single-Family Residence located in the rapidly growing market of Youngsville, Louisiana. The property includes an additional ±2.5 acres of cleared excess land at the rear, offering significant future development potential. One vacancy currently available.

The property fronts Highway 89 (Lafayette Street) and is centrally located in Youngsville, within one block of the new Youngsville Municipal Complex, NuNu’s Fresh Market, Sugar Mill Pond Lifestyle Development, and numerous new single-family residential communities (see brochure for additional details).

Improvements include:

  • 506 Lafayette Street: Five-unit retail strip center

  • 508 Lafayette Street: Child daycare center, Landreneau Physiotherapy, and a residential apartment

  • ±2.5 acres of cleared excess land at the rear for future development

  • 109 Romero Street: Single-family residence situated on a 60’ x 166’ lot, offering potential connectivity to the rear acreage and an alternative access point to the commercial complex

Investment highlights

  • Only 1 vacancy

  • Fast Growing Community

  • Includes 2.5+/- acres of access/cleared land at rear of property for more development

  • Projected 9.5% Cap Rate

Listing Contacts

SG
LA LA 37589
Derbes Falgoust Commercial Real Estate
Listed by Derbes Falgoust Commercial Real Estate

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Additional Information

Name
Scot Guidry
License
LA 37589
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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