SELLER FINANCING PREFERRED. TERMS BELOW
Lee & Associates Charlotte is pleased to present the A Cajun Mini‑Storage in Thobodaux, LA, a 22,650 NRSF facility totaling 238 rentable units in southeast Louisiana.
Clustered within the same micro-market, the assets deliver immediate, needs‑based cash flow and operational synergies after assuming operations previously managed by an experienced, locally entrenched operator. A Cajun’s brand, hands‑on management, and mix of climate‑controlled and drive‑up units create durable tenant demand and a straightforward platform for revenue management.
Market & Supply
Spanning Lafourche Parish, A Cajun Mini Storage serves the broader Houma–Thibodaux corridor and captures demand from stable residential neighborhoods, university‑adjacent housing, and blue‑collar employment tied to marine, energy, and service industries. Competition across these submarkets is fragmented and primarily independent, with a large share of older, drive‑up product and few new construction projects in the pipeline.
SELLER FINANCING IS PREFERRED.
TERMS:
SF TOTAL SIZE: 22,650 NRSF
81.5% UNIT OCCUPANCY
ANNUAL BASE RENT: $164,628
BELOW MARKET RENTS:
License #: LA 995712516
2552418616escroggs@lee-associates.com