Highlights
• NNN Lease: Minimal landlord responsibilities, providing a hassle-free ownership structure. • Stable Investment: Strong opportunity to add a reliable, income-producing asset to a real estate portfolio. • Prime Location: Excellent visibility in a high-growth area of Lafayette, LA. • Strong Surroundings: Area supported by a mix of industry, retail, and dense single- and multi-family housing. • Robust Trade Area: More than 75,000 residents and 50,000 employees contribute to consistent demand. • National Tenant Presence: Positioned among major retailers including Target, Academy Sports + Outdoors, Ross Dress for Less, Petco, Walgreens, and Planet Fitness.
Description
Hancock Whitney Corp. (HWC) is a bank holding company that provides a wide range of financial services for both personal and commercial clients. In addition to traditional banking, the company offers trust and investment management for individuals, corporations, and retirement plans. Its services also include brokerage, annuities, life and general insurance, title insurance, and consumer financing, making it a comprehensive provider of financial solutions.
Listing Details
- Cap Rate
6.75%
- Tenancy
Single
- Space Type
retail
- Sub Category
bank
- Date Listed
8/19/2025
- Investment Type
Core
- Net Operating Income
$184,428
Property Specifics
- Property Name
Hancock Whitney Bank
- Property Class
A
- No of Buildings
1
- No of Stories
1
- No of Units
1
- Year Built
2018
- Building Size
1,829 SF
- Lot Size
1.49 AC
- Zoning
C1
- Occupancy
100%