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Corner Retail Suite

116 Rue Promenade Unit 400, Lafayette, LA 70508

For Lease
$2,332/Mo

Street-facing space within a dense urban mixed-use development with nearby parking.

Space SizeContact for details
Days on Market111

Property Features for 116 Rue Promenade Unit 400

General Information

Standard status Active

Additional Details

Space Use Retail
Listing Agency: Scout Real Estate Co.
Listed By: Braxton J Higginbotham · License LA #9957099385
Source: Athomerealtyla
Added: Jul 23 Changed: Oct 25 Last Checked: Oct 7 at 1:42PM

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 Scout Real Estate Co.

Rey
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Investment Insights

Based on property information with market context.

Suite 400 is a retail space within an urban mixed-use development at 116 Rue Promenade in Lafayette. The suite occupies a hard-corner position with exposure to the street and nearby parking.

The property carries CH zoning and is positioned within a high-density mixed-use setting. Its storefront-oriented placement supports a range of retail business formats seeking an urban commercial environment.

Key Highlights

  • Retail space in Suite 400
  • Hard‑corner position with street exposure
  • Located within a high‑density urban mixed‑use development

Property Analytics

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
$3.53 /SF/Yr
CAM

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

Market

Lease Benchmarks for Lafayette, LA

$20.66 /SF/Yr
Avg Asking Price
$4.34–$144 /SF/Yr
Price Range
13,331 SF
Avg Space Size

This space is priced 14% above the average of $20.66 /SF/Yr.

Average Price Trend$/SF/Yr for Retail space in Lafayette, LA

$18.86 Jul
$19.76 Aug
$19.79 Sep
$20.03 Oct

Properties on Market for Retail space in Lafayette

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Street-facing space within a dense urban mixed-use development with nearby parking.
Where is this retail space located?
The property is located at 116 Rue Promenade Unit 400 Lafayette, LA.
What is the lease rate?
The lease rate is $2,332/Mo.
What are key features of this property?
This property features: Retail space in Suite 400; Hard‑corner position with street exposure; Located within a high‑density urban mixed‑use development
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Includes: Price & PSF · Cap rate · Location · Zoning

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