JLL is pleased to announce the opportunity to acquire Acadiana Square, a 244,768 square foot shopping center located in the premier retail node of Western Louisiana. The retail corridor consists of over 13 million square feet of retail inventory with a 98% occupancy rate and 50+ mile extended trade area. The property itself features a well-tenured and high performing tenancy, with every tenant (except those in their initial term) having renewed two or more times and 8 tenants with an operating history of over 20 years. The lineup consists of Burlington, T.J. Maxx, PetSmart, Office Depot, Party City, Home Furniture Co. of Lafayette, and more top performing retailers, all of which benefit from robust traffic counts of over 80,000 VPD and an affluent population with an average household income over $90,000.
Please reach out to the JLL Deal Team to learn more about this opportunity.
- Super-Regional Retail Destination
- Premier Retail Node of Western Louisiana
- Immediate Value-Creation Opportunities via Vacancy Lease Up & Outparcel Optionality
- Well-Tenured and High-Performing Tenancy
- Strong Leasing Momentum
- Strong Property Fundamentals