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Build-to-Suit Retail Studio
For Lease
$10 SF/Yr

803 W University Ave, Lafayette, LA 70506

Flexible retail and fitness space in a high-traffic setting, with landlord build-to-suit options.

Space SizeContact for details
Days on Market759

Property Features for 803 W University Ave

General Information

Standard status Active
Listing Agency: The Gleason Group
Listed By: Lisa Viator · License #912122026
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 8 Last Checked: Aug 11 at 11:04AM

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 The Gleason Group

Investment Insights

Based on property information with market context.

This offering is an adaptable commercial space suited for retail concepts and fitness-oriented uses, such as an athletic gym or dance studio. The landlord will build to suit, allowing the layout and improvements to be tailored to the needs of the incoming operator, and additional space may be available for larger requirements.

The property is positioned on a high-traffic corridor, supporting visibility and day-to-day walk-in activity for compatible businesses. While the current configuration is designed to accommodate a range of tenant types, the build-to-suit approach is intended to match the specific functional requirements of the user.

For tenants evaluating space for a gym, studio, or related retail operation, this opportunity provides a straightforward path to customizing improvements through the landlord’s build-to-suit process. Because the space is described as appropriate for multiple use types and the landlord can accommodate build changes, it may be especially useful for operators who want a defined retail/studio environment without needing to start from an existing floorplan.

Key Highlights

  • Flexible space suited for retail, athletic gym, or dance studio use
  • Located in a high‑traffic area
  • Landlord will build to suit

Property Analytics

Current Use

Louisiana Video Systems Tech Support Center

Suggested Use

Top Pick HVAC Service Pharmacy Storage Facility Kitchen & Bath Showroom Home Appliance Store (Bike/Boat/Book/etc) Store

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,927
Businesses Nearby
Well-served
Demand for This Use

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

$17.33 /SF/Yr
Avg Asking Price
$8.64–$29 /SF/Yr
Price Range
4,130 SF
Avg Space Size

This space is priced 42% below the average of $17.33 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • E K Long Gym 500 E St Mary Blvd, Lafayette, LA 70503
  • Intramurals Sports Complex 500 Coliseum Rd, Lafayette, LA 70506
  • Donna Boumans Personal Training 312 Charlotte St, Lafayette, LA 70506
  • Acadiana Hyperbarics 708 E University Ave, Lafayette, LA 70503
  • VibraFit 301 W University Ave, Lafayette, LA 70506

Frequently Asked Questions

What type of property is this?
Fitness center & gym - Flexible retail and fitness space in a high-traffic setting, with landlord build-to-suit options.
Where is this fitness center & gym located?
The property is located at 803 W University Ave Lafayette, LA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Flexible space suited for retail, athletic gym, or dance studio use; Located in a high‑traffic area; Landlord will build to suit
More about this property
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