3115 W Pinhook Rd, Lafayette, LA 70508

Century Partners Real Estate and ParaSell, Inc. are pleased to present this exceptional Net Lease investment opportunity featuring a newly renovated 6-bay Midas auto service center located at 3115 W Pinhook Rd in Lafayette, Louisiana. This 4,525 SF building sits on 1.66 acres with direct frontage and exposure to over 25,000 vehicles per day on W Pinhook Road, a major retail corridor in the rapidly growing Lafayette market.

The property is occupied by Red Eagle LLC, an experienced multi-unit Midas franchisee currently operating 13 auto service centers across Mississippi, Louisiana, and Tennessee. The lease is structured as a brand new 20-year Absolute NNN lease with 10% rent increases every 5 years and four 5-year renewal options, providing investors with long-term income stability and built-in growth. The tenant has completed extensive renovations to the building in 2026, positioning the property for decades of continued operation.

Located in the affluent southeast Lafayette trade area with an average household income of $105,000 within 3 miles and 130,000 residents within 5 miles, the property benefits from strong demographics and proximity to the University of Louisiana at Lafayette with approximately 20,000 students. The site is positioned within a Walmart Supercenter-anchored retail node, ensuring consistent traffic and visibility in one of Lafayette's most established commercial corridors.