1 of 5

2 of 5

3 of 5

4 of 5

5 of 5

•  Media
• Map
• Street View

1206 The Blvd
Rayne, LA 70578 Acadia Parish

$754,023 USD

Freestanding For Sale  •  7,000 SF

Property Details

• Property Type Freestanding
• Total Building Size 7,000 SF
• Lot Size 0.78 AC
• Building Class B
• Year Built 2000
• Cap Rate 8.50 %
• Tenancy Single

40 Walk Score

Highlights

The lease is backed by Advance Auto Parts, a company with an investment-grade credit rating of BB+ from S&P and Ba1 from Moody's.

Within a 3-mile radius, Rayne features a demographic profile hosting 9,490 residents with an average household income of $63,422.

Premier leader in the automotive aftermarket parts industry with over 4,200 stores in operation.

Founded in 1932, Advance Auto Parts employs over 62,000 people nationwide.

Publicly traded entity on the New York Stock Exchange (NYSE: AAP).

The on-demand need for parts by local shops and DIY mechanics, combined with the high shipping costs for batteries and other parts.

Cap Rate:

8.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Advance Auto Parts	7,000 SF	12/31/2030

Amenities

• Pylon Sign
• Signage

Public Transportation

Airport	Drive	Walk	Distance
Lafayette Regional/Paul Fournet Field	26 min	-	19.4 mi