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    3545 N University Ave Carencro, LA 70520

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    For Lease
    $22 SF/Yr ($2,200 /Mo)

    Proposed retail center with flexible suite sizes and drive-thru.

    Property size:
    1,200 SF
    Lot size:
    1.02 Acres

    Property Features for 3545 N University Ave

    General Information

    Size
    1,200 SF
    Lot size
    1.02 Acres

    Source: The Gleason Group Agent Caitlyn B Williams

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

    Overview

    Retail Center with Drive-Thru Option

    A proposed retail center is strategically positioned off University Avenue, offering high visibility and accessibility. The owner/developer intends to construct a modern, single-story, multi-tenant retail building spanning approximately 5,700 square feet. Suites will range from 1,200 to 5,700 square feet, offering flexibility. The building design includes a drive-thru option on one end cap. This location is suitable for restaurants, hair salons, spas, boutiques, and professional offices. Tenant improvements will be considered with acceptable lease terms. The CAM fee is estimated to be $6.00-$8.00 per square foot.
    Location Intelligence

    Current Use by Public Records

    Fireworks World Store

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Carencro
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.0500176
    Latitude
    30.2968591

    Nearby Similar for Lease

    • $1,500 /Mo
      1,480 SF

      Carencro Retail/Restaurant Opportunity

      Versatile commercial building suitable for restaurant, retail, or office.
      3823 N University Ave, Carencro, LA 70520
      View Details
    • $7,000 /Mo
      4,000 SF

      Carencro Office Space For Rent

      Office space available for lease in Carencro, Louisiana.
      4300 NE Evangeline Thruway, Carencro, LA 70520
      View Details
    • $23 SF/Yr
      11,336 SF

      Retail Space I-49 Frontage

      First generation retail space with high visibility and traffic.
      3500 Northeast Evangeline Thruway, Carencro, LA 70520
      View Details
    • $29 SF/Yr

      3730 NE Evangeline Thruway, Unit f

      Restaurant For Lease
      3730 NE Evangeline Thruway, Carencro, LA 70520
      View Details

    FAQs

    What type of property is this?
    Strip mall - Proposed retail center with flexible suite sizes and drive-thru.
    Where is this strip mall located?
    The property is located at 3545 N University Ave Carencro, LA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: - High visibility and accessibility due to strategic positioning off University Avenue.; - New construction: Modern, single-story, multi-tenant retail building.; - Flexible suite sizes ranging from 1,200 to 5,700 square feet.
    (337) 278-2048
    Request Owner's contact information
    3545 N University Ave Carencro, LA 70520
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    Carencro, LA 70520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3545 N University Ave Carencro, LA 70520
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