Lender Owned | Retail Value Add | Southeast

Description:

Ri Marketplace Online Auction October 27th-29th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2795/lender-owned-retail-value-add-southeast?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2795

Marcus & Millichap is pleased to present Campion at Lafayette, a newly constructed, 6,173-square-foot unanchored retail strip center located in Lafayette, Louisiana. Offered via reserve auction with a starting bid of $250,000, this value-add opportunity is ideal for investors seeking upside through lease-up and repositioning in a high-growth, affluent market.

Built in 2020 and currently 29% occupied, the property features two vacant suites totaling 4,373 square feet. Leasing these spaces at market rents could increase net operating income by approximately $121,000 annually. The center is located along Pinhook Road, which sees ±38,375 vehicles per day, and is less than one mile from the University of Louisiana at Lafayette, home to over 19,000 students and 1,600 faculty and staff.

Campion at Lafayette benefits from strong surrounding demographics, including a 5-mile population of ±136,000 and an average household income of ±$114,628 within a 1-mile radius. The property sits directly in front of The Pointe at Pinhook, a 595-bed student housing complex, and is surrounded by major employers, hospitals, and retail centers. As a receiver-owned asset, the property has not been professionally marketed or managed, presenting immediate upside for a new owner.

Lamar P. Fisher
Fisher Auction Company Inc.
License: 1983
Co: AB-424
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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