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Single-Story Retail Center with Drive-Thru
For Lease
$24 SF/Yr

A-3545 N University Ave, Lafayette, LA 70503

Proposed single-story multi-tenant retail building with an end-cap drive-thru option and flexible suite sizes.

Space SizeContact for details
Days on Market904

Property Features for A-3545 N University Ave

General Information

Standard status Active

Additional Details

Road Access Yes

Building Details

Stories 1
Tenancy Multi
Listing Agency: The Gleason Group
Listed By: David A Gleason · License #995695245
Source: Exprealty
Added: Mar 19, 2024 Changed: Sep 5 Last Checked: Sep 7 at 4:32PM

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.

Proposed retail center off of University Avenue featuring a modern, single-story, multi-tenant layout. The development will include approximately 5,700 square feet total, with available suites sized from about 1,200 to 5,700 square feet to support flexible tenant needs. The building design includes a drive-thru option positioned on one end cap.

The project is intended to support a range of retail and service uses, and TI will be considered with acceptable lease terms. CAM fees are estimated at approximately $5.00–$7.00 per square foot.

Key Highlights

  • Proposed modern, single‑story, multi‑tenant retail building totaling approx. 5,700 SF
  • End‑cap drive‑thru option included in the building design
  • Suite sizes range from approx. 1,200 to 5,700 SF, offering flexible tenant configurations

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service Home Appliance Store (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility Bakery

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,014
Businesses Nearby
Under-served
Demand for This Use

Demographics for 70503, LA

27,497
Population
13,052
Households
2.1
Avg Household Size
38
Median Age
55%
College-Educated
96%
High-School Grad
11.3 sq mi
ZIP Area
2,433
Density / Sq Mi
$94,360
Median Household Income
$54,170
Median Earnings
$1,087
Median Rent
$326,800
Median Home Value

Market

Lease Benchmarks for Lafayette, LA

$16.88 /SF/Yr
Avg Asking Price
$8–$24 /SF/Yr
Price Range
23,879 SF
Avg Space Size

This space is priced 42% above the average of $16.88 /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?
Shopping center - Proposed single-story multi-tenant retail building with an end-cap drive-thru option and flexible suite sizes.
Where is this shopping center located?
The property is located at A-3545 N University Ave Lafayette, LA.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Proposed modern, single‑story, multi‑tenant retail building totaling approx. 5,700 SF; End‑cap drive‑thru option included in the building design; Suite sizes range from approx. 1,200 to 5,700 SF, offering flexible tenant configurations
More about this property
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