1518 Veterans Memorial Dr, Erath, LA 70533

Located at 1518 Veterans Memorial Drive (LA Hwy 14) with an Erath mailing address, this 9,230 SF retail building is actually situated within the city limits of the Town of Delcambre. The property sits on 0.888 acres and offers approximately 145 feet of frontage on LA Hwy 14, with average daily traffic counts of 12,292 vehicles. The site is currently occupied by Family Dollar, which is expected to vacate in June 2026, creating an opportunity for an owner-user, investor, or tenant seeking a well-positioned retail location. The property is available for sale or lease.

Positioned along a primary commercial corridor serving Delcambre, Erath, and the broader Acadiana region, the site benefits from demand drivers tied to the area’s seafood and commercial fishing industries, agriculture, oil and gas services, and healthcare. Vermilion Parish is known for its seafood and agricultural base, coastal access, and business activity connected to the Gulf energy economy, while the surrounding Acadiana market continues to draw investment from manufacturing, technology, and industrial users.

The location also stands to benefit from major regional job growth. In nearby Iberia Parish, First Solar’s $1+ billion manufacturing facility at Acadiana Regional Airport recently began production and is expected to create more than 800 direct jobs when fully ramped up. Also in New Iberia, Global Vessel & Tank announced an expansion expected to create 50 direct jobs and retain 106 existing positions. In the broader Acadiana region, Lafayette has recently added several significant growth projects, including MMR Group’s expansion projected to create 196 direct jobs and Drone Institute’s headquarters expansion projected to create 610 direct jobs over time. Together, these projects reinforce the economic momentum of the regional trade area and support future retail and service demand.

With strong highway visibility and upcoming vacancy in June 2026, 1518 Veterans Memorial Drive offers a great opportunity to secure a flexible retail asset in a corridor supported by both established local industry and expanding regional employment centers.