1704 S Lewis St
New Iberia, LA 70560

$684,310 USD

Auto Repair For Sale • 11,000 SF

Property Details

Property Type Auto Repair
Total Building Size 11,000 SF
Lot Size 1.4 AC
Building Class C
Year Built 1990
Tenancy Multiple

50 Walk Score

                
                    Highlights
                
                                National tenant operating under the Gerber Collision & Glass brand.
                            
                                Lease term extends through July 20, 2028.
                            
                                Three additional five-year renewal options provide future occupancy potential.
                            
                                Annual rental increases of 1.5% are built into the lease structure.
                            
                                Located along South Lewis Street within an established commercial corridor.
                            
                                Tenant reimburses taxes and insurance expenses per lease terms.