2863 Ambassador Caffery Pkwy · Lafayette, LA 70506 · Grocery / Big Box
We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.
Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.
Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.
Absolute NNN Lease: Albertsons’ absolute NNN lease features ±4.4 years of term remaining with six, 5-year renewal options.
Prime Location & Visibility: The property is located at the signalized intersection of Ambassador Caffery Parkway (39,609 VPD) and West Congress Street (32,341 VPD), where it is less than 4 miles south of Interstate 10 (75,978 VPD).
Strategic Location: Albertsons anchors a shopping center that is also home to Church’s Texas Chicken, Subway, Saigon Noodles, CC’s Coffee House, Asian Palace Buffet & Grill, Soul Haus Kitchen, Omega Dentistry, and Circle K.
Robust Retail & Commercial Corridor: In total, there are 13.7 MSF of retail, 9.3 MSF of office, 6.5 MSF of industrial, 15,500+ multifamily units, and 3,900+ hotel rooms within a 5-mile radius. Major traffic drivers in the surrounding area include the Ochsner Lafayette General Orthopedic Hospital (100+ Beds), the 1 MSF Acadiana Mall (Dillard’s, JCPenney, CubeSmart Self Storage), Walmart Supercenter, Sam’s Club, Home Depot, Lowe’s Home Improvement, Hobby Lobby, T.J. Maxx, Best Buy, and PetSmart, among others.
Albertsons is located at the signalized intersection of Ambassador Caffery Parkway (39,609 VPD) and West Congress Street (32,341 VPD), where it is less than 4 miles south of Interstate 10 (75,978 VPD). Albertsons’ absolute NNN lease features ±4.4 years of term remaining with six, 5-year renewal options.
We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.
Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.
Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.
Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.