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Corner Retail Space
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116 Rue Promenade, Lafayette, LA 70508

Commercial Lease, Lafayette, LA

Space SizeContact for details
Lot Size0.05 Acres
Days on Market56

Property Features for 116 Rue Promenade

General Information

Property type Commercial Lease
Property subtype Other
Zoning CM-1
Parking features Parking Lot, Off Street
Exterior features Door Sign
Subdivision Mainstreet At River Ranch
Directions Take Kaliste Saloom Rd to River ranch Blvd by Fresh Market. Turn onto River Ranch Blvd, then take a left on Rue Promenade.
Standard status Active
APN 6130723
Size 1,191 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Description LOT M-8-A THE MARKET AT THE VILLAGE OF RIVER RANCH PHASE II (22,577 SQFT)
Legal Description LOT M-8-A THE MARKET AT THE VILLAGE OF RIVER RANCH PHASE II (22,577 SQFT)

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Building materials Stucco
Roof type Built-Up
Listing Agency: Scout Real Estate Co.
Listed By: Braxton J Higginbotham · License #9957099385
Added: Jul 22 Changed: Sep 12 Last Checked: Sep 15 at 8:06AM
MLS# 2600006783

Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,191-square-foot retail space is configured for commercial storefront use within a mixed-use setting. The property occupies 0.05 acres and features stucco construction, a built-up roof, central heating, central air, and a door sign. Public water serves the site.

Located at 116 Rue Promenade in Lafayette, the space sits on a hard corner near a parking area and the street. Parking is available through both a parking lot and off-street spaces. CM-1 zoning supports the property’s commercial positioning.

Key Highlights

  • 1,191 SF retail space on a 0.05‑acre site
  • Hard‑corner position near street access and parking
  • CM‑1 zoning

Property Analytics

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Current Use

Baleares Clothing & Fashion Store Blu Spero Clothing & Fashion Store YOBE Frozen Yogurt Cafe & Coffee Shop everbowl (Bike/Boat/Book/etc) Store Mae Lah Boutique Clothing & Fashion Store

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC Service Electrical Service

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,385
Businesses Nearby

Demographics for 70508, LA

40,343
Population
18,677
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
94%
High-School Grad
24.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$88,017
Median Household Income
$51,614
Median Earnings
$1,244
Median Rent
$299,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lafayette, LA

$20.48 /SF/Yr
Avg Asking Price
$4.34–$144 /SF/Yr
Price Range
12,786 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Retail space - CM-1-zoned storefront with public water and off-street parking.
Where is this retail space located?
The property is located at 116 Rue Promenade Lafayette, LA.
What are key features of this property?
This property features: 1,191 SF retail space on a 0.05‑acre site; Hard‑corner position near street access and parking; CM‑1 zoning
More about this property
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