Listing Agency: Scout Real Estate Co. j***@scoutrec.com Show Phone

Listed By: Jake Zimmerman · License #995715702 Show Phone

Source: Exprealty

Added: Sep 16, 2024 Changed: Aug 22 Last Checked: Aug 31 at 6:49PM

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Investment Insights

Based on property information with market context.

This retail unit, comprising 11090 square feet, is available for lease. It is located off Ambassador Caffery Parkway, a key commercial corridor. The property's location is intended to attract foot traffic and visibility, making it suitable for boutique stores or various retail concepts.

Key Highlights

• High foot traffic location
• Situated off Ambassador Caffery Pkwy
• Key commercial corridor

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Hair Salon Pharmacy Furniture & Home Goods

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

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

213

Businesses Nearby

Explore this area Business Placement

Demographics for 70506, LA

39,801

Population

20,296

Households

2

Avg Household Size

36

Median Age

37%

College-Educated

91%

High-School Grad

20.8 sq mi

ZIP Area

1,914

Density / Sq Mi

$55,553

Median Household Income

$38,764

Median Earnings

$1,024

Median Rent

$215,700

Median Home Value

Market

Lease Benchmarks for Lafayette, LA

$20.01 /SF/Yr

Avg Asking Price

$2.13–$144 /SF/Yr

Price Range

14,900 SF

Avg Space Size

This space is priced 40% below the average of $20.01 /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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail unit for lease in a bustling commercial area.

Where is this retail space located?

The property is located at B-3814 Ambassador Caffery Pkwy Lafayette, LA.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: High foot traffic location; Situated off Ambassador Caffery Pkwy; Key commercial corridor