The subject property is a proposed mixed use development situated on 32.39 acres of land along the 7700 Block of Ambassador Caffery Parkway in Broussard, Louisiana and will accommodate various users, including office space, retail and restaurants. It is anchored by a prospective 250 unit apartment complex to be built on approximately 25 acres at the rear of the property. There are many potential uses including, in-line retail leasing, individual out parcels, land for office development etc. The property can be purchased all at once or can be split up into preferred tracts. Included are two tracts on either side of Ambassador Caffery that would be perfect for a QSR or convenience store. There are Build to Suit possibilities for inline retail or stand alone outparcels if you have a solid retail client looking to lease. There is also a 5+ acre piece at the North End of the Property that can be sold for various commercial uses and would make a great self storage spot. The owners have already installed the required turning lanes and J turn turning lanes in the median for optimal access from either direction.
The Project:
Listed Total Acreage = 32.392 Acres
Future Plans for Approximately 25 Acres of High End Apartments at Rear of Property near Hardware Road
