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 23 at 3:54AM

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Investment Insights

Based on property information with market context.

This 3,400-square-foot retail unit is available for lease at 700-3810 Ambassador Caffery Pkwy in Lafayette, Louisiana. The property is positioned off Ambassador Caffery Pkwy and is suited to retail occupancy, including boutique-oriented concepts and other retail uses.

Key Highlights

• 3,400 square feet of retail space
• Available for lease
• Located off Ambassador Caffery Pkwy

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant 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

NNN (Triple Net)

Lease Type

$2.70 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

477

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

$19.06 /SF/Yr

Avg Asking Price

$10–$35 /SF/Yr

Price Range

10,441 SF

Avg Space Size

This space is priced 6% below the average of $19.06 /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

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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 available for lease along the Ambassador Caffery Parkway commercial corridor.

Where is this retail space located?

The property is located at 700-3810 Ambassador Caffery Pkwy Lafayette, LA.

What is the lease rate?

The lease rate is $18 SF/Yr.

What are key features of this property?

This property features: 3,400 square feet of retail space; Available for lease; Located off Ambassador Caffery Pkwy