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29360590
29360021

222 E Main St, New Iberia, LA 70560

MH
LA 440000497
NAI Rampart
Listed by NAI Rampart
$695,000
132 days on market
Updated 17 days ago

222 E Main St Executive Suites

Details
Property Type Office
Sub Type Executive Office, Medical Office (+1)
Square Footage 6,840
Cap Rate 11.08%
NOI $76,994
Occupancy 100%
Tenancy Multi
Price per SqFt $102
Broker Co-Op Yes
Year Renovated 2019
Buildings 1
Stories 1
Acreage 0.350
Zoning Commercial
Investment Type Stabilized
Ownership agent
Sale Condition For sale by owner

222 E Main St Executive Suites Income producing 10.86% cap rate

Marketing description

100% occupancy, offering strong in-place rental rates, and an attractive 11.08% cap rate. The property is supported by a diversified tenant mix and consistent leasing performance, providing investors with immediate, durable cash flow and limited downside risk. Well-positioned within its market, this asset presents a compelling opportunity for yield-focused buyers seeking stable income with long-term hold potential.

Completely renovated in 2017 and updated in 2026

Gross rent $109,404 annual expenses $26,940

NOI includes 5% vacancy rate

Private off street parking on the corner of Weeks and Main Street.

owner agent

Investment highlights

100% occupancy, offering strong in-place rental rates, and an attractive 11.08% cap rate. The property is supported by a diversified tenant mix and consistent leasing performance, providing investors with immediate, durable cash flow and limited downside risk. Well-positioned within its market, this asset presents a compelling opportunity for yield-focused buyers seeking stable income with long-term hold potential.

Completely renovated in 2017 and updated in 2026

Gross potential rent $109,404 annual expenses $26,940

NOI includes 5% vacancy rate

Private off street parking on the corner of Weeks and Main Street.

owner agent

Listing Contacts

MH
LA 440000497
NAI Rampart
Listed by NAI Rampart

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$76,994.00
$6,416.17/mo

Valuation Metrics

0
DSCR
11.08%
Cap Rate
11.08%
ROI

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Additional Information

Name
Mo Hannie
License
440000497
Brokerage
NAI Rampart
Brokerage Phone
3372984808
Title
Louisiana
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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