Auction Dates: OCT 27, 2025 to OCT 29,2025 Link to Auction: https://rimarketplace.com/auction/2795/newly-built-value-add-retail-strip-lafayette-la CAMPION AT LAFAYETTE • The subject property is a 6,173 SF strip center in a dense, affluent, and high-growth area • The strip center is an REO, which is why the property has not be advertised for lease • The center is located less than 1 mile from the University of Louisiana at Lafayette and sits directly in front of one of Lafayette’s largest student housing complexes, The Pointe at Pinhook • The Pointe at Pinhook is a premier student housing facility with 595 beds and an average rent of $672 per bed LESS THAN 1 MILE FROM UNIVERSITY OF LOUISIANA AT LAFAYETTE (19,213 STUDENTS) • UL Lafayette is the flagship university of the Acadiana region with over 19,213 enrolled students • The university employs more than 1,600 faculty and staff across undergraduate, graduate, and doctoral programs • Recognized as a Carnegie R1 Doctoral University — Very High Research Activity, placing it in the top 3% of U.S. research institutions • Nationally ranked for computer science, nursing, engineering, and business programs, with the School of Computing and Informatics among the largest in Louisiana • The Ragin’ Cajuns football team has won 10 conference championships, earned its first-ever national ranking in 2020 IMMEDIATE UPSIDE OPPORTUNITY • The property has been in receivership without proper professional management • The center is currently 71% vacant with one 1,373 SF space and one 3,000 SF space available • Leasing the two vacancies could increase NOI by $121K annually LAFAYETTE, LA • Lafayette is the most populous city and parish seat of Lafayette Parish, and the fourth-largest city in Louisiana • Home to University of Louisiana at Lafayette (19,000+ students) and South Louisiana Community College (7,000+ students) • Key industries include energy, healthcare, technology, and manufacturing • The presence of UL Lafayette, combined with a thriving healthcare sector, provides long-term economic stability and growth opportunities