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Hard-Corner Retail Space
For Lease
$2,332/Mo

116 Rue Promenade Unit 400, Lafayette, LA 70508

Street-oriented space in a high-density mixed-use development with nearby parking.

Space SizeContact for details
Days on Market9

Property Features for 116 Rue Promenade Unit 400

General Information

Standard status Active
Listing Agency: Scout Real Estate Co.
Listed By: Braxton J Higginbotham · License #9957099385
Source: Athomerealtyla
Added: Aug 23 Changed: Aug 29 Last Checked: Aug 30 at 7:40PM

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.

Investment Insights

Based on property information with market context.

This retail space occupies a hard-corner position within a high-density mixed-use development. Its placement near the street provides exposure to passing activity, while nearby parking supports customer access.

The property is located at 116 Rue Promenade, Unit 400, in Lafayette, Louisiana. The surrounding mixed-use setting offers a commercial environment for a retail business seeking a street-oriented presence.

Key Highlights

  • Hard‑corner retail space
  • Located in a high‑density mixed‑use development
  • Street‑oriented position with business exposure

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

$19.5 /SF/Yr
Avg Asking Price
$10–$35 /SF/Yr
Price Range
10,162 SF
Avg Space Size

This space is priced 20% above the average of $19.5 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Street-oriented space in a high-density 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: Hard‑corner retail space; Located in a high‑density mixed‑use development; Street‑oriented position with business exposure
More about this property
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