For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

5709 Johnston St Lafayette, LA 70503

Loading data...
Loading data...
Loading data...
For Sale
$159,747

Fully occupied retail property with long-term tenants in Lafayette, LA.

Property size:
4,322 SF
Lot size:
0.53 Acres

Property Features for 5709 Johnston St

General Information

Size
4,322 SF
Lot size
0.53 Acres

Source: The Boulder Group - Corporate Agent Randy Blankstein

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Lafayette Retail Investment Opportunity

The retail property is located within the Lafayette MSA, which is ranked #133 in the United States for population size. The property is 100% occupied by Starbucks and T-Mobile. These tenants have occupied the location since 2007 and have an average remaining lease term of 7 years. The property is positioned at a signalized intersection along Johnston Street, which experiences a traffic volume of 43,000 vehicles per day. It is an outparcel of Acadiana Mall, a regional mall anchored by Dillard’s, Barnes & Noble, and Bath & Body Works. Neighboring retailers include Lowe’s Home Improvement, Sam’s Club, Walmart, Hobby Lobby, PetSmart, T.J. Maxx, The Home Depot, Best Buy, and Michaels. The surrounding area has a population of over 127,000 within a five-mile radius and an average household income of $102,761 within one mile.
Insight Report Location Intelligence

Current Use by Public Records

T-Mobile Cell Phone Store Starbucks Coffee Shop

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lafayette
County
Lafayette
State
Louisiana
Longitude
-92.0767758
Latitude
30.1749548

FAQs

What type of property is this?
Retail space - Fully occupied retail property with long-term tenants in Lafayette, LA.
Where is this retail space located?
The property is located at 5709 Johnston St Lafayette, LA.
What is the asking price?
The asking price for this property is $159,747.
What are key features of this property?
This property features: - 100% Occupied with Investment Grade Tenants: Starbucks & T-Mobile; - Long-Term Occupancy: Both tenants since 2007; - Strong Lease Terms: 7 years of average lease term remaining
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message