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34359981
34359979

1749 Bertrand Dr, Lafayette, LA 70506

CS
LA SALE.0995690388-ACT
Lee & Associates - Lafayette
Listed by Lee & Associates - Lafayette
$1,820,000
1 day on market
Updated 1 day ago

Long Term Net Leased Office Building

Details
Property Type Office
Sub Type Office Building
Square Footage 7,835
NOI $141,030
Occupancy 100%
Tenancy Single
Brand/Tenant Town Square Media
Lease Type NNN
Lease Term 10
Class B
Year Built 1983
Year Renovated 2026
Stories 1
Acreage 1.620
Investment Type Sale/Leaseback

1749 Bertrand Dr, Lafayette, LA 70506

Marketing description

1749 Bertrand Drive presents an exceptional sale-leaseback investment opportunity in one of Lafayette's established commercial corridors. The 7,835 square foot office building sits on approximately 1.62 acres with dual access from Bertrand Drive and Eraste Landry Road, providing strong visibility, convenient ingress/egress, and flexible site access. The property also offers potential for additional development on the Eraste Landry Road/southern side of the site, creating upside for an investor seeking both current income and long-term growth. Town Square Media, a publicly traded tenant, is proposing to lease back the property at $18/SF (NNN) for an initial 10-year term. They will soon begin a $150,000 interior upgrade which further underscores their commitment to the location and the strength of the asset as a stabilized investment opportunity.

Located on Bertrand Drive on a highly established office corridor in Lafayette, the subject property offers a highly visible and well-connected position within one of the city's most active commercial areas. The property is situated near the Bertrand/Congress intersection and benefits from proximity to major Lafayette destinations, including the University of Louisiana at Lafayette, Cajun Field, and Moncus Park. The surrounding corridor includes a mix of office, retail, and service-oriented users, supporting strong daytime traffic and long-term market relevance. With the Bertrand Drive corridor now undergoing a significant revitalization effort, the location also benefits from planned infrastructure and connectivity improvements that reinforce its long-term investment appeal.

Investment highlights

  • Proposed 10-Year Sale/Leaseback with Town Square Media
  • NNN Lease Structure w/ Minimal Landlord Responsibilities
  • ±7,835 SF Office Building on ±1.62 Acres
  • Dual Access from Bertrand Drive and Eraste Landry Road
  • Planned $150,000 Tenant Upgrade (at Tenant's Cost)
  • Additional Development Upside

Listing Contacts

CS
LA SALE.0995690388-ACT
Lee & Associates - Lafayette
Listed by Lee & Associates - Lafayette

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$141,030.00
$11,752.50/mo

Valuation Metrics

0
DSCR
7.75%
Cap Rate
7.75%
ROI

Map

Zoning

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CH CommercialGeneral CommercialCommercial Heavy
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Last updated Apr 24, 2026 For deeper zoning details, reports are available at Zoneomics

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