Retail Space
969 Creswell Lane Opelousas, LA 70570
Details & Description
Price: $1,050,000
    Property Highlights
     Extremely rare 10 rent increase in year 5 and all three option periods cap rate will increase to 7.01
     7-Year corporate NNN lease which is scheduled to commence in early August 2021
    Listing Agents
    Josh Bishop

    O: 214-692-2289
    M: 315-730-6228
    josh.bishop@matthews.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    969 Creswell Lane

    Opelousas, LA 70570

    Listing ID: 275060
    969 Creswell Lane Opelousas, LA 70570 | for Sale | Photo 1
    Building Size: 3,825 SF
    Lot Size: 0.500 AC
    Land Size: 21,780 SF
    Building $/SF: $274.51
    Land $/SF: $48.21
    Price
    $1,050,000
    Property Highlights
    Brand new 2021 retrot which will be completed in August 2021
    7-Year corporate NNN lease which is scheduled to commence in early August 2021
    Extremely rare 10 rent increase in year 5 and all three option periods cap rate will increase to 7.01
    Traffic counts on Creswell Ln exceed 17,000 vehicles daily
    5-Mile population of 30,330 residents
    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Lafayette History of Retail Space for Sale

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    Opelousas Area Market Trends

    Listing Demographics for 969 Creswell Lane Opelousas, LA 70570

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population5,54521,55029,060
    Population Median Age383839
    Population by Age0-9 Yrs799 (14%)3172 (14%)3968 (13%)
    10-19 Yrs696 (12%)3265 (15%)4339 (14%)
    20-29 Yrs848 (15%)2822 (13%)3644 (12%)
    30-39 Yrs611 (11%)2291 (10%)3044 (10%)
    40-49 Yrs586 (10%)2273 (10%)3245 (11%)
    50-59 Yrs679 (12%)2621 (12%)3811 (13%)
    60-69 Yrs765 (13%)2578 (11%)3619 (12%)
    70+ Yrs561 (10%)2528 (11%)3390 (11%)
    Median HH Income$27,821$27,575$30,883
    Total Household Income< 24K1069 (47%)3889 (47%)4843 (43%)
    25-49K423 (18%)1935 (23%)2671 (24%)
    50-74K346 (15%)1055 (12%)1472 (13%)
    75-99K211 (9%)575 (6%)730 (6%)
    100-199K117 (5%)612 (7%)1138 (10%)
    200K+64 (2%)163 (1%)217 (1%)
    Highest Education LevelNo Diploma111536694691
    Diploma or GED127549317067
    Some College55723463129
    Assoc. Degree140673912
    Bachelors Degree45215162300
    Higher Degree229725988
    Total Housing Units2,6029,90413,206
    --Owner-Occupied1,1554,5556,888
    --Renter-Occupied1,0743,6734,184
    Owner-Occupied Values< 100K42321913249
    100-199K55215722253
    200-299K122509806
    300-399K25161317
    400-499K031112
    500K+3492152
    Total Working Age Population4,36016,37522,400
    In Work Force2,0877,69410,906
    Not In Work Force2,2738,68211,494
    Workforce Employed1,8027,12610,197
    Workforce Unemployed262540652
    Civlian Workforce2,0657,66610,849
    Military Workforce222857
    Total Households2,2308,22911,072
    Family Households1,1834,7646,662
    Non-Family Households1,0463,4644,410
    Married Couple7192,4123,776
    Other Family4642,3522,886
    Married w/Child2739001,344
    Single Male w/Child53220287
    Single Female w/Child1981,1951,403

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Louisiana4,468,976+14,533,372+14,588,310+54,813,420
    Acadia Parish58,861+561,773-360,200-159,590
    St. Landry Parish87,700-583,384+1595,890+298,080

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 969 Creswell Lane in Opelousas?
    The asking price for 969 Creswell Lane is $1,050,000
    What is the building size of this Retail property in Opelousas, LA?
    The size of the building/unit at 969 Creswell Lane in Opelousas is 3,825 square feet
    How much land does the Opelousas, LA property at 969 Creswell Lane include?
    969 Creswell Lane in Opelousas includes 0.500 acres of land
    What kind of Retail is the propery at 969 Creswell Lane?
    The property at 969 Creswell Lane Opelousas, LA 70570 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 969 Creswell Lane in Opelousas?
    The population within 1 mile of 969 Creswell Lane Opelousas, LA 70570 is 5,545 people.
    Who do I contact for questions about 969 Creswell Lane?
    You should contact the listing agent, Josh Bishop, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Lafayette Regional Airport (LFT) 22
    Louis Armstrong New Orleans International Airport (MSY) 114
    Monroe Regional Airport (MLU) 138