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Lafayette Convenience Store For Sale
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1002 N University Ave, Lafayette, LA 70506

Convenience store on main commuter route, completion scheduled for 2026.

Property Size5,261 SF
Price / SF$608.25
Days on Market151

Property Features for 1002 N University Ave

General Information

Standard status Active
Size 5,261 SF
Property subtype Retail

Building Details

Year Built 2026
Listing Agency: 7 South Commercial Real Estate, LLC
Listed By: Tom Maraist · License #BROK.995708678
Source: Crexi
Added: Mar 15 Changed: Aug 8 Last Checked: Aug 11 at 8:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 7 South Commercial Real Estate, LLC

Investment Insights

Based on property information with market context.

This convenience store is located on a main commuter route in Lafayette, Louisiana. The property, suitable for retail and commercial use, is scheduled for construction completion by July 2026. It will be equipped with 5 fuel pumps and ample parking space for customers. The property size is 5261 square feet.

Key Highlights

  • Located on a main commuter route in Lafayette, LA.
  • Equipped with 5 fuel pumps.
  • Ample parking for patrons.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70506, LA

39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Willow's Food Mart 1409 W Willow St, Lafayette, LA 70506

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Convenience store on main commuter route, completion scheduled for 2026.
Where is this grocery and convenience store located?
The property is located at 1002 N University Ave Lafayette, LA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Located on a main commuter route in Lafayette, LA.; Equipped with **5 fuel pumps**.; Ample parking for patrons.
(225) 200-4180 Call to check price and availability
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